Stock price performance of Fortress Investment Group LLC is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 18.44% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 17.03% . Looking at the past 52 week period, the stock price is up at 34.32% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Fortress Investment Group LLC has a positive value of 1.67 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 1% and the 50-Day Moving Average is 1.05%.The 200 Day SMA reached 7.26%
Based on the Stock Research Fortress Investment Group LLC Relative Strength Index signal is in over bought territory with a range of 73.81. Fortress Investment Group LLC (NYSE:FIG) has climbed 13.44% in the past week and advanced 10.06% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 13.3% and the outperformance has advanced to 9.08% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Aug 31, 2015, Wesley R Edens (Principal) purchased 200,000 shares at 6.06 per share price.On Aug 24, 2015, Michael G. Rantz (director) purchased 20,000 shares at 5.87 per share price.On Jun 1, 2015, Daniel Bass (Chief Financial Officer) sold 35,000 shares at 7.76 per share price.
Fortress Investment Group LLC Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.19. The company had revenue of $261.10 million for the quarter, compared to analysts expectations of $241.86 million. The companys revenue was down -1.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.
Fortress Investment Group LLC (NYSE:FIG) : On Friday heightened volatility was witnessed in Fortress Investment Group LLC (NYSE:FIG) which led to swings in the share price. The stock opened for trading at $5.9 and hit $6.03 on the upside , eventually ending the session at $5.91, with a gain of 2.07% or 0.12 points. The heightened volatility saw the trading volume jump to 2,017,530 shares. The 52-week high of the share price is $6.03 and the company has a market cap of $2,282 million. The 52-week low of the share price is at $3.87 .
FORTRESS INVESTMENT Group is a leading global alternative asset manager with approximately $34.2 billion in assets under management as of March 31, 2008. Fortress is headquartered in New York and has affiliates with offices in Chicago, Dallas, Frankfurt, Geneva, Hong Kong, London, Los Angeles, Munich, New Canaan, Rome, San Francisco, San Diego, Sydney, Tokyo and Toronto.Fortress raises, invests and manages private equity funds and hedge funds. Fortress intends to grow its existing businesses, while continuing to create innovative products to meet the increasing demand by sophisticated investors for superior risk-adjusted investment returns.