Cowen Group (COWN) Shares are Up 1.55%

Cowen Group (COWN) : Traders are bullish on Cowen Group (COWN) as it has outperformed the S&P 500 by a wide margin of 7.15% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.58%, 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 1.55% in the last 1 week, and is up 7.57% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Cowen Group, Inc. is up 4.47% in the last 3-month period. Year-to-Date the stock performance stands at -14.62%. The stock has recorded a 20-day Moving Average of 3.45% and the 50-Day Moving Average is 3.93%.


Cowen Group (NASDAQ:COWN): The stock opened at $3.30 on Friday but the bulls could not build on the opening and the stock topped out at $3.31 for the day. The stock traded down to $3.20 during the day, due to lack of any buying support eventually closed down at $3.27 with a loss of -1.80% for the day. The stock had closed at $3.33 on the previous day. The total traded volume was 902,841 shares.

Cowen Group, Inc. is a diversified financial services firm. The Company provides alternative investment management, investment banking, research, and brokerage (including market-making and sales and trading) through its two business segments: alternative investment and broker-dealer. The alternative investment segment includes hedge funds, replication products, liquid alternative risk premia products, customized solutions, mutual funds, managed futures funds, fund of funds, real estate and healthcare royalty funds. The broker-dealer segment offers industry focused investment banking for growth-oriented companies including advisory and global capital markets origination and domain knowledge-driven research and a sales and trading platform for institutional investors, primarily under the Cowen name.

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