LONDON, March 24, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Zions Bancorporation (NASDAQ: ZION), Umpqua Holdings Corporation (NASDAQ: UMPQ), CIT Group Inc. (NYSE: CIT), TCF Financial Corporation (NYSE: TCB), and FirstMerit Corporation (NASDAQ: FMER). Free research report on Zions Bancorp. can be accessed at http://get.Investor-Edge.com/pdf/?c=Zions%20Bancorp.&d=24-Mar-2015&s=ZION. On Monday, March 23, 2015, the NASDAQ Composite ended at 5,010.97, down 0.31%, the Dow Jones Industrial Average edged 0.06% lower, to finish the day at 18,116.04, and the S&P 500 closed at 2,104.42, down 0.17%. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 331.47, down 0.44%, while the index has advanced 1.06% in the last one month. Register for your complimentary reports at the links given below.
Zions Bancorporation's stock finished Monday's session 0.69% lower at $27.26. A total of 1.79 million shares were traded, which was below its three months average volume of 2.75 million shares. The stock moved between $27.15 and $27.53 during the session. Over the previous three trading sessions and the last one month, Zions Bancorporation's shares have gained 0.46% and 3.61%, respectively. However, the stock has declined 12.74% in the past one year. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $28.04 is greater than its 50-day moving average of $26.02. Zions Bancorporation's stock traded at a PE ratio of 14.40 and has a Relative Strength Index (RSI) of 55.91. Sign up and read the free notes on ZION at:
http://get.Investor-Edge.com/pdf/?c=Zions%20Bancorp.&d=24-Mar-2015&s=ZION
On Monday, shares in Umpqua Holdings Corp. fluctuated between $16.64 and $17.49 before ending the session 1.03% lower at $17.29. The stock reported a trading volume of 1.25 million shares, below its three months average volume of 1.55 million shares. Shares of the company traded at a PE ratio of 16.58. Umpqua Holdings Corp.'s shares have advanced 4.16% in the last one month and 0.44% in the previous three months. However, the stock has declined 9.33% in the past one year. The stock is trading above its 50-day and 200-day moving averages of $16.43 and $16.94, respectively. Moreover, shares of Umpqua Holdings Corp. have an RSI of 65.13. The complimentary notes on UMPQ can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Umpqua%20Holdings&d=24-Mar-2015&s=UMPQ
CIT Group Inc.'s stock edged 0.02% higher, to close the day at $45.32. The stock recorded a trading volume of 1.05 million shares, below its three months average volume of 1.52 million shares. The stock oscillated between $45.14 and $45.75 during the session. Over the last one month and over the past one year, CIT Group Inc.'s shares have fallen by 1.76% and 8.54%, respectively. However, the stock has advanced 0.87% in the previous three trading sessions. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $46.72 is above its 50-day moving average of $45.44. Additionally, CIT Group Inc. traded at a PE ratio of 12.90 and has an RSI of 47.90. Register for free on Investor-Edge and access the latest research on CIT at:
http://get.Investor-Edge.com/pdf/?c=CIT%20Group&d=24-Mar-2015&s=CIT
On Monday, shares in TCF Financial Corp. recorded a trading volume of 0.57 million shares, lower than its three months average volume of 1.04 million shares. The stock ended the day at $15.95, which was 1.18% below its previous day's closing of $16.14, and registered an intraday range of $15.89 and $16.20. Shares of the company traded at a PE ratio of 16.97. TCF Financial Corp.'s shares have advanced 2.24% in the last one month and 0.63% in the previous three months. However, the stock has declined 6.12% in the past one year. The company's shares are trading above their 50-day and 200-day moving averages of $15.37 and $15.65, respectively. Furthermore, shares of TCF Financial Corp. have an RSI of 58.85. The complete research on TCB is available for free at:
http://get.Investor-Edge.com/pdf/?c=TCF%20Financial&d=24-Mar-2015&s=TCB
FirstMerit Corp.'s stock declined 1.24%, to close Monday's session at $19.18, after oscillating between $19.03 and $19.47. The stock recorded a trading volume of 0.68 million shares, below its three months average volume of 0.95 million shares. Over the last one month and the previous three months, FirstMerit Corp.'s shares have advanced 5.56% and 1.32%, respectively. However, the stock has declined 11.29% in the last one year. The company's shares are trading above their 50-day and 200-day moving averages. The stock's 200-day moving average of $18.15 is above its 50-day moving average of $17.99. Further, FirstMerit Corp.'s stock traded at a PE ratio of 13.62 and has an RSI of 62.54. Free in depth research on FMER is available at:
http://get.Investor-Edge.com/pdf/?c=FirstMerit&d=24-Mar-2015&s=FMER
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