NorthStar Asset Management Group (NSAM) Shares are Up 5.86%

NorthStar Asset Management Group (NSAM) : Traders are bullish on NorthStar Asset Management Group (NSAM) as it has outperformed the S&P 500 by a wide margin of 5.29% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.33%, 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 5.86% in the last 1 week, and is up 5.15% 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 4.81% and the 50-Day Moving Average is 10.88%.The 200 Day SMA reached 10.14%. Northstar Asset Management Group Inc. is up 8.01% in the last 3-month period. Year-to-Date the stock performance stands at 6.91%.


NorthStar Asset Management Group (NYSE:NSAM): After opening at $12.5, the stock dipped to an intraday low of $12.46 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.65 and the buying power remained strong till the end. The stock closed at $12.65 for the day, a gain of 1.93% for the day session. The total traded volume was 1,054,476. The stocks close on the previous trading day was $12.41.

Northstar Asset Management Group Inc. is an asset management company. The Company is focused on managing real estate and other investment platforms in the United States and internationally. The Company owns NorthStar Realty Securities, LLC (NorthStar Securities), which is a captive broker-dealer platform and raises capital in the retail market for its sponsored companies. The Companys sponsored companies include NorthStar Real Estate Income Trust, Inc. (NorthStar Income); NorthStar Healthcare Income, Inc. (North Star Healthcare); NorthStar/RXR New York Metro Income, Inc. ( NorthStar/RXR New York Metro), and NorthStar Corporate Income, Inc. (NorthStar Corporate). The Company also leases its offices in New York; Denver, Colorado; Dallas, Texas; Bethesda, Maryland; London, United Kingdom; Senningerberg, Luxembourg, Los Angeles, California, and Pembroke, Bermuda.

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