Stock’s Active Momentum – Legg Mason, Inc. (NYSE:LM), Principal Financial Group Inc (NYSE:PFG)

Submitted By on June 04, 2013 - 12:20 PM

Massapequa Park – June 4, 2013 — (Tech Sonian) -King Penny Stocks is an elite financial community for investors and traders alike who are looking to potentially gain financial freedom through the markets on undervalued companies and “in-play” momentum penny stocks. Today we bring a special trend analysis of the following stocks:  Legg Mason, Inc. (NYSE:LM), Principal Financial Group Inc (NYSE:PFG)

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The worthwhile stocks of the Asset Management industry of the financial sector are in today’s spotlight, which scored heavy volume and were showing bearish movement during the prior trading session. The active stocks were Legg Mason, Inc. (NYSE:LM), which remained a high volume stock in its industry and Principal Financial Group Inc (NYSE:PFG), which gained traders attention mainly due to superb trade.

Legg Mason, Inc. (NYSE:LM) reported that, on Tuesday, June 11, 2013, at 10:20 a.m. E.D.T., the President and CEO of the company, Joseph A. Sullivan, at The Waldorf Astoria Hotel, has planned to speak at the Morgan Stanley Financials Conference in New York.

Has LM Found The Bottom And Ready To Gain Momentum? Find Out Here

Asset Management company moving down during prior trade, Legg Mason, Inc. (NYSE:LM) closed at the price of $35.00, after opening at $35.15. Stock traded during its last trading session with the total volume of 1.87 million shares, as compared to its average volume of 1.40 million shares.

During the previous session, the company’s minimum price was $34.31, while it touched its highest price for the day at $35.52. LM’s beta value stands at 1.81 points, while its earnings per share was $-2.69. During the last one month, the company climbed 8.86%, while its last 5 days shows a plunge of -0.03%.

Principal Financial Group Inc (NYSE:PFG) declared that, on Wednesday, June 5, 2013 at 9:30 a.m. ET, the CEO of the company, Jim McCaughan, will present at the 2013 KBW Asset Management Conference in New York.

Has PFG Found The Bottom and Ready To Move Up? Find Out Here

Another financial sector stock showing a bearish trend during previous trading session, Principal Financial Group Inc (NYSE:PFG) reported the decrease of -0.40%, to close at $37.70, with the overall traded volume of 1.84 million shares.

Its market capitalization was $11.55 billion. Its beta value stands at 2.80 times and PFG’s earnings per share was $2.51. During last trade, the company’s minimum price was $37.15, while it touched its highest price of $38.14.

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