T. Rowe Price Group (TROW) Shares are Up 0.57%

T. Rowe Price Group (TROW) has been under a strong bear grip, hence the stock is down -0.68% 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 0.06% in the past 1 week. The stock has risen by 0.57% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.82% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.28% and the 50-Day Moving Average is 2.18%.The 200 Day SMA reached 2.94%. T. Rowe Price Group, Inc. has dropped 8.67% during the last 3-month period . Year-to-Date the stock performance stands at -1.65%.


T. Rowe Price Group (NASDAQ:TROW): After opening at $69.02, the stock dipped to an intraday low of $68.8 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $69.45 and the buying power remained strong till the end. The stock closed at $69.27 for the day, a gain of 0.76% for the day session. The total traded volume was 761,539. The stocks close on the previous trading day was $68.75.

T. Rowe Price Group, Inc. is a financial services holding company. The Company provides global investment management services to individual and institutional investors in the sponsored T. Rowe Price mutual funds distributed in the United States and other investment portfolios. Its assets under management are accumulated from a client base across four primary distribution channels: third-party financial intermediaries that distribute its managed investment portfolios in the United States and other countries; individual United States investors on a direct basis; the United States defined contribution retirement plans, and institutional investors globally. The assets that it manages include a range of the United States and international stock, blended asset, bond and money market mutual funds, and other investment portfolios. It offers advisory services and a distribution management service. It provides administrative services as ancillary services to its investment advisory clients.

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