Evercore Partners Inc (EVR) : The money flow analysis of Evercore Partners Inc (EVR) indicates a $2.24 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $9.01 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 4.03 and so was the total money flow at $6.78 million. The bulls lapped up $6.71 million worth of block trades on upticks. The money flow was $6.71 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Evercore Partners Inc (EVR), pushing it down by -0.06% for the day. The stock slid $0.03 and traded at $50.42 during the day. Nonetheless, the stock is -3.09% over the previous weeks close.
Evercore Partners Inc. has lost 2.83% in the last five trading days and dropped 0.35% in the last 4 weeks. Evercore Partners Inc. is up 21.47% in the last 3-month period. Year-to-Date the stock performance stands at -4.05%.
Evercore Partners Inc (EVR) has an average broker rating of 2.2, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
Evercore Partners Inc (NYSE:EVR): The stock opened at $50.81 and touched an intraday high of $50.9 on Wednesday. During the day, the stock corrected to an intraday low of $49.915, however, the bulls stepped in and pushed the price higher to close in the green at $50.9 with a gain of 0.89% for the day. The total traded volume for the day was 601,463. The stock had closed at $50.45 in the previous trading session.
Evercore Partners Inc. (Evercore) is an independent investment banking advisory firm. The Company operates through two business segments: Investment Banking and Investment Management. The Companys Investment Banking segment includes the Companys Advisory services, through which Evercore provides advice to clients on mergers, acquisitions, divestitures and other strategic corporate transactions, with a particular focus on advising multinational corporations and private equity firms on different transactions. The Companys Investment Management segment focuses on Institutional Asset Management, through which Evercore manages financial assets for institutional investors and provide independent fiduciary services to corporate employee benefit plans; Wealth Management, through which the Company provides wealth management services for high-net-worth individuals, and Private Equity, through which Evercore manages private equity funds.