LONDON, May 13, 2014 /PRNewswire/ --
The U.S. markets on Monday, May 12, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,695.47, up 0.68% and the NASDAQ Composite closed at 4,143.86, up 1.77%. The S&P 500 finished the session 0.97% higher at 1,896.65. During the trading session, eight out of ten sectors finished on a higher note. The S&P 500 Financials Sector Index ended the day at 298.14, up 1.04%, with the index advancing 3.94% in the last one month. Investor-Edge has initiated coverage on the following equities: Lazard Ltd (NYSE: LAZ), Portfolio Recovery Associates Inc. (NASDAQ: PRAA), Royal Bank of Scotland Group PLC (NYSE: RBS) and Extra Space Storage Inc. (NYSE: EXR). Free technical research on LAZ, PRAA, RBS and EXR can be downloaded upon signing up at:
http://www.investor-edge.com/2457-register
Lazard Ltd's stock finished the Monday's session 1.80% higher at $49.65. A total of 0.39 million shares were traded, which was much below its three months average volume of 0.84 million shares. The stock vacillated between $48.95 and $50.01 during the session. Over the last one month and over the previous three months Lazard Ltd's shares have surged 12.33% and 15.76%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 9.55%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $46.75 is greater than its 200-day moving average of $41.78. Lazard Ltd's stock traded at a PE ratio of 19.02 and has a Relative Strength Index (RSI) of 55.57. Sign up today to read free research on LAZ at:
http://www.investor-edge.com/2457-LAZ-13May2014.pdf
On Monday, shares in Portfolio Recovery Associates Inc. fluctuated between $56.34 and $57.65 before ending the session 0.94% lower at $56.61. The stock reported a trading volume of 0.67 million shares, close to its three months average volume of 0.54 million shares. Shares of the company traded at a PE ratio of 10.72. Portfolio Recovery Associates Inc.'s shares have advanced 0.12% in the previous three trading sessions, 11.26% in the last three months, and 7.13% on YTD basis. The stock is trading above its 200-day moving average of $55.63, while the 200-day moving average is below Portfolio Recovery Associates Inc.'s 50-day moving average of $57.09. Moreover, shares of the company have an RSI of 48.99. Sign up today to read free research on PRAA at:
http://www.investor-edge.com/2457-PRAA-13May2014.pdf
Shares in Royal Bank of Scotland Group PLC edged 0.55% higher, to close the day at $11.01. The stock recorded a trading volume of 0.79 million shares, below its three months average volume of 0.99 million shares. The stock oscillated between $10.94 and $11.06 during the session. Over the past one month, Royal Bank of Scotland Group PLC's shares have gained 8.47%. However, the stock has fallen by 0.18% in the previous three trading sessions and 2.82% since the start of this year. The stock is trading above its 50-day and 200-day moving averages of $10.42 and $10.95, respectively. Additionally, Royal Bank of Scotland Group PLC's stock has an RSI of 58.74. Sign up today to read free research on RBS at:
http://www.investor-edge.com/2457-RBS-13May2014.pdf
On Monday, shares in Extra Space Storage Inc. recorded a trading volume of 0.41 million shares, lower than its three months average volume of 0.80 million shares. The stock ended the day at $52.05, which was 0.95% above its previous day's closing of $51.56, and registered an intraday range of $51.63 and $52.06. Shares of the company traded at a PE ratio of 31.74. Extra Space Storage Inc.'s stock has advanced 0.15% in the previous three trading sessions, 9.19% in the last one month, and 23.55% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $49.38 and $45.42, respectively. Furthermore, shares of Extra Space Storage Inc. have an RSI of 61.15. Sign up today to read free research on EXR at:
http://www.investor-edge.com/2457-EXR-13May2014.pdf
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