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LONDON, May 27, 2014 /PRNewswire/ --
On Friday, May 23, 2014, the NASDAQ Composite ended at 4,185.81, up 0.76%, the Dow Jones Industrial Average finished the day 0.38% higher at 16,606.27, and the S&P 500 closed at 1,900.53, up 0.42%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 296.28, up 0.24%, with the index also advancing 2.53% in the previous three months. Investor-Edge has initiated coverage on the following equities: Protective Life Corp. (NYSE:PL), Leucadia National Corp. (NYSE:LUK), CIT Group Inc. (NYSE:CIT) and CME Group Inc. (NASDAQ:CME). Free technical research on PL, LUK, CIT and CME can be downloaded upon signing up at:
On Friday, shares in Protective Life Corp. traded between $50.59 and $51.60 before ending the session 1.82% higher at $51.54. Protective Life Corp.'s stock reported a trading volume of 0.30 million shares, close to its three months average volume of 0.37 million shares. Protective Life Corp.'s shares have advanced 1.82% in the previous three trading sessions and 2.92% in the last one month. Additionally, from the beginning of 2014, the stock has gained an upside of 1.74%. The stock is trading above its 50-day and 200-day moving averages of $51.45 and $48.39, respectively. Moreover, shares of the company traded at a PE ratio of 11.30 and have a Relative Strength Index (RSI) of 52.11. Sign up today to read free research on PL at:
Leucadia National Corp.'s stock finished the Friday's session 0.67% higher at $25.41. A total of 0.94 million shares were traded, which was below its three months average volume of 1.47 million shares. The stock moved between $25.16 and $25.53 during the session. Although, Leucadia National Corp.'s stock has gained 3.17% in the previous three trading sessions, it has declined 1.17% in the last one month and 10.34% on YTD basis. Shares of the company traded at a PE ratio of 65.15. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $27.31 is greater than its 50-day moving average of $26.12. Leucadia National Corp.'s stock has an RSI of 47.10. Sign up today to read free research on LUK at:
On Friday, shares in CIT Group Inc. recorded a trading volume of 1.36 million shares, lower than its three months average volume of 1.76 million shares. The stock ended the day at $44.53, which was 0.54% below its previous day's closing of $44.77, and registered an intraday range of $44.39 and $44.85. Shares of the company traded at a PE ratio of 12.99. CIT Group Inc.'s shares have declined 3.97% in the last one month and 14.58% since start of this year. However, the stock has advanced 2.72% in the previous three trading sessions. The company's stock is trading below its 50-day and 200-day moving averages of $46.10 and $48.38, respectively. Furthermore, shares of the company have an RSI of 53.02. Sign up today to read free research on CIT at:
CME Group Inc.'s stock edged 0.48% lower, to close the day at $71.00. The stock recorded a trading volume of 1.04 million shares, much below its three months average volume of 1.81 million shares. The stock oscillated between $70.63 and $71.40 during the session. CME Group Inc.'s shares have gained 3.62% in the previous three trading sessions and 0.87% in the last one month. However, the stock has lost 9.51% since start of this year. Shares of the company traded at a PE ratio of 23.10. The stock is trading below its 50-day and 200-day moving averages. Further, the stock's 200-day moving average of $73.66 is greater than its 50-day moving average of $71.28. Additionally, the stock has an RSI of 52.93. Sign up today to read free research on CME at:
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