Coverage Initiated on Financial Stocks Brookfield Asset Management, CI Financial, Power Corp of Canada, and First Capital Realty
LONDON, UK / ACCESSWIRE / July 27, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the technical notes impacting selected stocks trading on the Toronto Exchange and belonging under the Financial Stock. Companies recently under review include Brookfield Asset Management, CI Financial Corp., Power Corp. of Canada, and First Capital Realty. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.
On Tuesday, July 26, 2016, the TSX Composite Index edged 0.36% higher, to finish at 14,550.00. At the close of the trading session, the financials index was up 23% at 250.55.
Active Wall St. has initiated coverage on the following equities: Brookfield Asset Management Inc. (TSX: BAM-A), CI Financial Corporation (TSX: CIX), Power Corporation of Canada (TSX: POW), and First Capital Realty Inc. (TSX: FCR). Register with us now for your free membership and more at: http://www.activewallst.com/register/.
Brookfield Asset Management Inc. (TSX: BAM-A)
Toronto, Canada based asset management holding company, Brookfield Asset Management Inc.’s stock edged 0.59% lower, to close the day at $45.55. The stock recorded a trading volume of 554,213 shares. Brookfield Asset Management’s shares have advanced 8.50% in the last one month, 6.73% in the past three months, and 3.81% in the previous one year. The company’s shares are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $44.09 is greater than its 200-day moving average of $42.62. Shares of the Company, which through its subsidiaries the firm invests in the property, power, and infrastructure sectors, traded at a PE ratio of 25.79. See our notes on BMA-A.TO at: http://www.activewallst.com/registration-3/?symbol=BAM-A.
CI Financial Corp. (TSX: CIX)
Toronto, Canada based management holding company, CI Financial Corp.’s stock finished Tuesday’s session flat at $27.66 with a total volume of 169,505 shares traded. Over the past three months, CI Financial Corp.’s shares have fallen by 1.28%. However, the Company’s stock has advanced 4.93% in the last one month. The Company’s shares are trading above its 50-day moving average. CI Financial’s 200-day moving average of $28.23 is above its 50-day moving average of $27.22. Shares of the Company, which through its subsidiaries, manages separate client focused equity, fixed income, and alternative investments portfolios, traded at a PE ratio of 14.63. The complimentary notes on CIX.TO at: http://www.activewallst.com/registration-3/?symbol=CIX.
Power Corporation of Canada (TSX: POW)
On Tuesday, shares in Montréal, Canada headquartered Power Corporation of Canada ended the session 0.14% lower at $28.31 with a total volume of 607,637 shares traded. Power Corporation of Canada’s shares have advanced 5.75% in the last one month. The stock is trading above its 50-day moving average. The company’s 200-day moving average of $28.93 is greater than its 50-day moving average of $28.18. Shares of Power Corporation of Canada, which operates as a diversified international management and holding company with interests primarily in the financial services, communications, and other business sectors in Canada, the U.S., Europe, and Asia, traded at a PE ratio of 8.90. Register for free and access the latest notes on POW.TO at: http://www.activewallst.com/registration-3/?symbol=POW.
First Capital Realty Inc. (TSX: FCR)
On Tuesday, shares in Toronto, Canada headquartered First Capital Realty Inc. recorded a trading volume of 252,092 shares. The stock ended the day 0.93% higher at $22.88. First Capital Realty Inc.’s stock has gained 4.91% in the last one month and 13.04% in the previous three months. Furthermore, the Company’s stock has gained 28.68% in the past one year. The Company is trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $22.09 is above its 200-day moving average of $20.46. Shares of the Company, which acquires, develops, redevelops, owns, and manages urban retail-centered real estate properties, traded at a PE ratio of 23.13. Get free access to your notes on FCR.TO at: http://www.activewallst.com/registration-3/?symbol=FCR.
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