KKR & Co. L.P. (KKR) Shares are Up 1.58%

KKR & Co. L.P. (KKR) : Traders are bullish on KKR & Co. L.P. (KKR) as it has outperformed the S&P 500 by a wide margin of 1.3% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.07%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.58% in the last 1 week, and is up 1.16% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 0.21% and the 50-Day Moving Average is 7.59%.The 200 Day SMA reached 7.69%. KKR & Co. L.P. is up 6.62% in the last 3-month period. Year-to-Date the stock performance stands at -1.57%.


KKR & Co. L.P. (NYSE:KKR): After opening at $14.81, the stock dipped to an intraday low of $14.79 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.975 and the buying power remained strong till the end. The stock closed at $14.8 for the day, a gain of 0.14% for the day session. The total traded volume was 842,870. The stocks close on the previous trading day was $14.78.

KKR & CO. L.P. (KKR) is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit and hedge funds. The Companys business offers a range of investment management services to its fund investors and provides capital markets services to its firm, its portfolio companies and third parties. The Company operates through three segments: Private Markets, Public Markets, Capital Markets and Other, and Client & Partner Group. Through Private Markets segment, the Company manages and sponsors a group of private equity funds and co-investment vehicles that invest capital for long-term appreciation, either through controlling ownership of a company or strategic minority positions. The Company operates its combined credit and hedge funds businesses through the Public Markets segment. The Capital Markets and Other segment consist primarily of KKRs global capital markets business.

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