Breakfast Technical Briefing on Ares Management and Three Other Additional Asset Management Stocks
Stock Research Monitor: AMG, BSIG, and CNNE
LONDON, UK / ACCESSWIRE / July 5, 2018 / If you want a free Stock Review on ARES sign up now at www.wallstequities.com/registration. On Tuesday, July 03, 2018, US markets saw four out of nine sectors finishing the day in red, four in green, and one in neutral territory. Major US indices were also bearish at the close of last Tuesday’s session. The NASDAQ Composite ended the day at 7,502.67, down 0.86%; the Dow Jones Industrial Average edged 0.54% lower, to finish at 24,174.82; and the S&P 500 closed at 2,713.22, down 0.49%. This Thursday morning, WallStEquities.com looks at the performance of these four Asset Management stocks: Affiliated Managers Group Inc. (NYSE: AMG), Ares Management L.P. (NYSE: ARES), BrightSphere Investment Group PLC (NYSE: BSIG), and Cannae Holdings Inc. (NYSE: CNNE). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Affiliated Managers Group
On Tuesday, shares in Prides Crossing, Massachusetts-based Affiliated Managers Group Inc. recorded a trading volume of 180,393 shares. The stock ended the session 1.12% lower at $147.23. The stock is trading below its 50-day moving average by 8.77%. Moreover, shares of the Company, which through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the US, have a Relative Strength Index (RSI) of 30.37. Get the full research report on AMG for free by clicking below at:
www.wallstequities.com/registration/?symbol=AMG
Ares Management
Los Angeles, California headquartered Ares Management L.P.’s stock closed the day 0.48% higher at $21.10 with a total trading volume of 324,725 shares, which was above their three months average volume of 282.78 thousand shares. The Company’s shares have advanced 15.30% over the last twelve months. The stock is trading above its 200-day moving average by 1.10%. Additionally, shares of Ares Management, which operates as an alternative asset manager in the US, Europe, and Asia, have an RSI of 49.89.
On June 28th, 2018, research firm Jefferies initiated a ‘Buy’ rating on the Company’s stock. ARES’s complimentary research coverage is a few simple steps away at:
www.wallstequities.com/registration/?symbol=ARES
BrightSphere Investment Group
Shares in Boston, Massachusetts-based BrightSphere Investment Group PLC recorded a trading volume of 268,479 shares. The stock ended last Tuesday’s trading session 0.35% higher at $14.44. The stock is trading below its 50-day moving average by 6.12%. Furthermore, shares of BrightSphere Investment, which provides its services to individuals and institutions, have an RSI of 32.82. Register for your free research report on BSIG at:
www.wallstequities.com/registration/?symbol=BSIG
Cannae Holdings
Las Vegas, Nevada-based Cannae Holdings Inc.’s stock finished Tuesday’s session 0.11% lower at $18.46 with a total trading volume of 191,921 shares. The Company’s shares have advanced 16.84% in the past twelve months. The stock is trading above its 200-day moving average by 0.22%. Additionally, shares of Cannae Holdings, which invests in restaurants, technology enabled healthcare services, financial services and more, have an RSI of 28.11. Wall St. Equities’ downloadable research report on CNNE available at:
www.wallstequities.com/registration/?symbol=CNNE
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