The Carlyle Group L.P. (CG) : During the past 4 weeks, traders have been relatively bearish on The Carlyle Group L.P. (CG), hence the stock is down -3.25% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.86% relative to the S&P 500. The 4-week change in the price of the stock is -2.26% and the stock has fallen -4.81% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.86% and the 50-Day Moving Average is 2.04%. The Carlyle Group L.P. (NASDAQ:CG): On Fridays trading session , Opening price of the stock was $16 with an intraday high of $16.1201. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $15.84. However, the stock managed to close at $16.03, a loss of 0.19% for the day. On the previous day, the stock had closed at $16.06. The total traded volume of the day was 535,597 shares.
In the past twelve weeks, the net percent change held by company insiders has changed by -7.15% . Institutional Investors own 45.45% of The Carlyle Group L.P. shares. During last six month period, the net percent change held by insiders has seen a change of -9.11%. Also, Equity Analysts at the Barclays maintains the rating on The Carlyle Group L.P. (NASDAQ:CG). The brokerage firm has issued a Equal-weight rating on the shares. The Analysts at the ratings agency raises the price target from $17 per share to $18 per share. The rating by the firm was issued on August 9, 2016.
The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company advises on an array of investment funds and other investment vehicles that invests across a range of industries, geographies, asset classes and investment strategies, and seeks to deliver returns for its fund investors. The Company operates in four segments: Private Equity, Global Market Strategies, Real Assets and Investment Solutions. The Corporate Private Equity segment advises its buyout and growth capital funds. The Global Market Strategies segment advises a group of active funds. The Real Assets segment advises its 28 active carry funds focused on real estate, infrastructure and energy and natural resources. The Investment Solutions segment provides investment opportunities and resources for its investors and clients.