T. Rowe Price Group (TROW) Shares Slide -4.63%

T. Rowe Price Group (TROW) : During the past 4 weeks, traders have been relatively bearish on T. Rowe Price Group (TROW), hence the stock is down -5.46% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.56% relative to the S&P 500. The 4-week change in the price of the stock is -2.28% and the stock has fallen -4.63% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.17% and the 50-Day Moving Average is 3.47%. T. Rowe Price Group, Inc. has dropped 5.41% during the last 3-month period . Year-to-Date the stock performance stands at 0.37%.


T. Rowe Price Group (NASDAQ:TROW): stock turned positive on Friday. Though the stock opened at $70.2, the bulls momentum made the stock top out at $70.95 level for the day. The stock recorded a low of $69.91 and closed the trading day at $70.69, in the green by 0.35%. The total traded volume for the day was 2,357,130. The stock had closed at $70.44 in the previous days trading.

Also, Equity Analysts at the Morgan Stanley maintains the rating on T. Rowe Price Group (NASDAQ:TROW). The brokerage firm has issued a Equal-weight rating on the shares. The Analysts at the ratings agency lowers the price target from $74 per share to $71 per share. The rating by the firm was issued on July 28, 2016.

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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