NEW YORK, NY / ACCESSWIRE / January 15, 2016 / Park Lane Advisor has initiated coverage on the following equities: Encore Capital Group Inc. (NASDAQ: ECPG), Western Asset Mortgage Capital Corporation (NYSE: WMC), PennantPark Investment Corporation (NASDAQ: PNNT), and Moneygram International Inc. (NASDAQ: MGI). Free research report on Encore Capital Group can be accessed at http://www.parklaneadvisor.com/ On Thursday, January 14, 2016, the NASDAQ Composite ended at 4,615.00, up 1.97%, the Dow Jones Industrial Average advanced 1.41%, to finish the day at 16,379.05, and the S&P 500 closed at 1,921.84, up 1.67%. The gains were broad based as all the sectors ended the session in positive. Register for your complimentary reports at the links given below.
Encore Capital Group Inc.'s stock advanced 1.85%, to close the day at $18.18. The stock recorded a trading volume of 1.40 million shares, much above its three months average volume of 0.36 million shares. Encore Capital Group Inc.'s shares have declined 36.08% in the last one month and 52.15% in the previous three months. Furthermore, the stock has plummeted 57.86% in the past one year. The company's shares are trading 41.52% below their 50-day moving average. Additionally, Encore Capital Group Inc. traded at a PE ratio of 6.68 and has a Relative Strength Index (RSI) of 15.03. Sign up and read the free notes on ECPG at:
http://www.parklaneadvisor.com/
On Thursday, shares in Western Asset Mortgage Capital Corp. recorded a trading volume of 0.93 million shares, higher than their three months average volume of 0.58 million shares. The stock ended the day 0.93% lower at $9.58. Shares of the company traded at a PE ratio of 15.70. Western Asset Mortgage Capital Corp.'s stock has lost 0.38% in the last one month, 15.35% in the previous three months and 15.08% in the last one year. The company is trading below its 50-day and 200-day moving averages by 10.02% and 20.28%, respectively. Furthermore, shares of Western Asset Mortgage Capital Corp. have an RSI of 34.58. The complimentary notes on WMC can be downloaded in PDF format at:
http://www.parklaneadvisor.com/
PennantPark Investment Corp.'s stock finished Thursday's session 3.83% higher at $5.70. A total of 0.65 million shares were traded, which was above its three months average volume of 0.57 million shares. Over the last one month and the previous three months, PennantPark Investment Corp.'s shares have lost 0.70% and 15.49%, respectively. Additionally, the stock has declined 25.31% in the past one year. The company's shares are trading below their 50-day and 200-day moving averages by 11.10% and 22.00%, respectively. PennantPark Investment Corp.'s stock has an RSI of 40.11. Register for free on Park Lane Advisor and access the latest research on PNNT at:
http://www.parklaneadvisor.com/
On Thursday, shares in Moneygram International Inc. ended the session 2.93% higher at $5.62. The stock reported a trading volume of 0.21 million shares, close to its three months average volume of 0.18 million shares. Moneygram International Inc.'s shares have plummeted 27.58% in the last one month, 38.85% in the previous three months and 29.13% in the last one year. The company is trading 28.88% below its 50-day moving average and 36.25% below its 200-day moving average. Moreover, shares of Moneygram International Inc. have an RSI of 22.16. The complete research on MGI is available for free at:
http://www.parklaneadvisor.com/
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