AMERIPRISE FINANCIAL SERVICES (AMP) has risen sharply, recording gains of 6.76% in the past 4 weeks. However, the stock has corrected -1.28% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.29% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.4% and the 50-Day Moving Average is 0.38%. Ameriprise Financial, Inc. is up 0.73% in the last 3-month period. Year-to-Date the stock performance stands at -8.45%.
AMERIPRISE FINANCIAL SERVICES (NYSE:AMP): stock turned positive on Friday. Though the stock opened at $95.03, the bulls momentum made the stock top out at $96.11 level for the day. The stock recorded a low of $94.87 and closed the trading day at $95.84, in the green by 0.30%. The total traded volume for the day was 887,957. The stock had closed at $95.55 in the previous days trading.
Ameriprise Financial, Inc. (Ameriprise Financial) is a holding company primarily engaged in business through its subsidiaries. Ameriprise Financial is a diversified financial services company that offers financial solutions to individual and institutional clients. The Company operates in four segments: Advice & Wealth Management, Asset Management, Annuities and Protection. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services, primarily to retail clients through advisors. The Asset Management segment provides investment advice and investment products to retail, high net worth and institutional clients on a global scale through Columbia Management and Threadneedle. The Annuities segment provides variable and fixed annuity products of RiverSource Life companies to individual clients. The Protection segment offers a variety of products to address the protection and risk management needs of retail clients.