E*TRADE Financial Corporation (ETFC) Shares are Up 0.04%

E*TRADE Financial Corporation (ETFC) has been under a strong bear grip, hence the stock is down -2.62% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.07% in the past 1 week. The stock has risen by 0.04% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.25% in the past 4 weeks.

E*TRADE Financial Corporation has dropped 5.47% during the last 3-month period . Year-to-Date the stock performance stands at -14.88%. The stock has recorded a 20-day Moving Average of 0.28% and the 50-Day Moving Average is 2.05%.


E*TRADE Financial Corporation (NASDAQ:ETFC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.95 and $24.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.34. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.23, notching a gain of 0.72% for the day. The total traded volume was 1,657,393 . The stock had closed at $25.05 on the previous day.

Also, Equity analysts at the Brokerage firm Barclays maintains its rating on E*TRADE Financial Corporation (NASDAQ:ETFC). The rating major has initiated the coverage with overweight rating on the shares. The Analysts at Barclays raises the price target from $28 per share to $30 per share. The rating by the firm was issued on August 9, 2016.

E*Trade Financial Corporation is a financial services company and an online brokerage industry. The Company offers solutions for individual investors and stock plan participants. The Company offers its customers to take control of its financial futures by providing the products, tools, services and advice they need to meet their near and long term investing goals. The Company provides these services to customers both online and through their network of customer service representatives and Financial Consultants – over the phone and in person at 30 Company branches across the United States. The Company operates a bank with the primary purpose of maximizing the value of deposits generated though its brokerage business.

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