SEI Investments Company (SEIC) : Traders are bullish on SEI Investments Company (SEIC) as it has outperformed the S&P 500 by a wide margin of 0.84% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.31%, relative to the S&P 500. The stock has risen by 2.86% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.2% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.66% and the 50-Day Moving Average is 3.56%.The 200 Day SMA reached 1.38% SEI Investments Co. has dropped 5.91% during the last 3-month period . Year-to-Date the stock performance stands at -12.94%.
SEI Investments Company (SEIC) : The consensus price target for SEI Investments Company (SEIC) is $51.25 for the short term with a standard deviation of $3.5. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $55, however, the pessimist price target for the company is $47.
For the current week, the company shares have a recommendation consensus of Buy. SEI Investments Company (NASDAQ:SEIC): stock was range-bound between the intraday low of $44.9736 and the intraday high of $45.67 after having opened at $45.34 on Fridays session. The stock finally closed in the red at $45.34, a loss of -0.33%. The stock remained in the red for the whole trading day. The total traded volume was 1,284,138 shares. The stock failed to cross $45.67 in Fridays trading. The stocks closing price on Thursday was $45.39.
SEI Investments Company is a provider of investment processing, investment management and investment operations solutions. The Company enables corporations, financial institutions, financial advisors and ultra-high-net-worth families create and manage wealth by providing investment and investment-business solutions. The Company operates in five segments: Private Banks, Investment Advisors, Institutional Investors, Investment Managers and Investments in New Businesses. The Companys investment management business solutions include investment processing outsourcing solutions for providers of institutional and private-client wealth management services, including banks, trust companies, independent wealth advisers and other financial services firms; investment management solutions for institutional investors, and individual investors and investment operations outsourcing solutions for investment management firms, banks and investment companies.