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Savings & Loans Stocks Technical Notes: Ocwen Financial, New York Community Bancorp, Hudson City Bancorp, and People's United Financial

Editor Note: For more information about this release, please scroll to bottom.

LONDON, March 7, 2014 /PRNewswire/ --

On Thursday, March 06, 2014, the NASDAQ Composite ended at 4,352.13, down 0.13%, the Dow Jones Industrial Average advanced 0.38% to 16,421.89, and the S&P 500 closed at 1,877.03, up 0.17%.  The gains were broad based with seven of ten sectors edging higher. The S&P 500 Financials Sector Index finished the day at 299.38, up 0.68%, while the same has gained 5.75% in the last one month. Investor-Edge.com has initiated coverage on the following equities Ocwen Financial Corporation (NYSE: OCN), New York Community Bancorp Inc. (NYSE: NYCB), Hudson City Bancorp Inc. (NASDAQ: HSBK), and People's United Financial Inc. (NASDAQ: PBCT). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Thursday, Ocwen Financial Corp.'s stock surged 3.95% to close the day at $40.02. A total of 4.87 million shares were traded, which is below the three months average volumes of 3.23 million. The company's shares oscillated between $38.57 and $40.51 during the trading session. The stock traded at a PE ratio of 15.59. Ocwen Financial's shares have fallen by 3.29% in the last one month and 27.83% on YTD basis, while the same has advanced 8.90% in the previous three trading sessions. The company's stock is trading below its 50-day and 200-day moving averages. Ocwen Financial Corp.'s 200-day moving average of $49.54 is above the 50-day moving average of $46.32. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 42.15. Sign up and read the free notes on OCN at:

http://www.Investor-Edge.com/03072014/OCN/report.pdf

Shares in New York Community Bancorp Inc. witnessed trading of 3.85 million shares, as compared with a three month average volume of 2.26 million shares. The stock ended the day at $16.14, up 0.12% and at an intraday trading range of $15.99 and $16.16. The stock traded at a PE ratio of 14.94. New York Community Bancorp's shares have gained 2.02% in the previous three trading sessions and 5.15% in the last one month, while the same has declined 4.21% on YTD basis. The stock is trading above its 200-day moving average. The company's 50-day moving average of $16.33 is above the 200-day moving average of $15.41. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 53.54. The complimentary notes on NYCB can be downloaded as in PDF format at:

http://www.Investor-Edge.com/03072014/NYCB/report.pdf

On Thursday, shares in Hudson City Bancorp Inc. advanced 0.73% finishing the session at $9.66. The stock recorded trading volume of 2.66 million shares as compared to a three months average volume of 3.97 million shares. It fluctuated between $9.57 and $9.70 during the session. Shares of the company traded at a PE ratio of 25.42. Hudson City Bancorp's shares have gained 2.88% in the previous three trading sessions, 5.69% in the last one month, and 2.44% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Hudson City Bancorp Inc.'s 50-day moving average of $9.24 is above the 200-day moving average of $9.18. Moreover, the stock is trading at the Relative Strength Index (RSI) of 64.81. Register for free on Investor-Edge and access the latest research on HCBK at:

 http://www.Investor-Edge.com/03072014/HCBK/report.pdf

Shares in People's United Financial Inc. saw a trading of 2.55 million shares, as compared with a three month average volume of 4.29 million shares. The stock ended the day at $14.61, up 1.32%, and at an intraday range of $14.46 and $14.65. The company's shares traded at a PE ratio of 18.26. People's United Financial's shares have fallen by 3.37% on YTD basis. Shares of the company have gained 3.47% in the previous three trading sessions and 5.11% in the last one month. The stock is trading above its 50-day moving average. People's United Financial Inc.'s 200-day moving average of $14.61 is above the 50-day moving average of $14.58. Furthermore, the tock is trading at the Relative Strength Index (RSI) of 55.53. The complete research on PBCT is available for free at:

http://www.Investor-Edge.com/03072014/PBCT/report.pdf

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At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

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EDITOR NOTES:

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  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] Investor-edge.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] Investor-edge.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] Investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

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