Breaking News Bar

Business News and Information

Money Center Banks Stocks Technical Insight -- FirstMerit, Royal Bank of Canada, Great Western Bancorp., and Bank of Montreal

NEW YORK, June 30, 2016 /PRNewswire/ --

On Wednesday, June 29, 2016, the NASDAQ Composite ended the trading session at 4,779.25, up 1.86%; the Dow Jones Industrial Average advanced 1.64%, to finish at 17,694.68; and the S&P 500 closed at 2,070.77, up 1.70%. The gains were broad based as all the sectors ended the session in positive. has initiated coverage on the following equities: FirstMerit Corporation (NASDAQ: FMER), Royal Bank of Canada (NYSE: RY), Great Western Bancorp. Inc. (NYSE: GWB), and Bank of Montreal (NYSE: BMO). Learn more about these stocks by accessing their free trade alerts at:

FirstMerit Corp. operates as the bank holding Company for FirstMerit Bank N.A. that provides various banking, fiduciary, financial, insurance, and investment services to corporate, institutional, and individual customers in the U.S. The stock finished Wednesday's session 1.14% higher at $19.45 with a total volume of 1.27 million shares traded. The stock is trading below its 200-day moving average by 0.91%. FirstMerit's stock traded at a PE ratio of 14.77 and has a Relative Strength Index (RSI) of 31.89. Sign up and read the free notes on FMER at:

On Wednesday, shares in Royal Bank of Canada recorded a trading volume of 1.46 million shares, which was higher than their three months average volume of 1.17 million shares. The stock ended the day 1.06% higher at $59.25. Shares of the Company traded at a PE ratio of 11.59. The Company's shares have advanced 4.01% in the previous three months and 1.15% in the past one year. The stock is trading above its 200-day moving average by 7.44%. Furthermore, shares of Royal Bank of Canada have an RSI of 44.01. The Company was founded in 1864 and is headquartered in Toronto, Canada. The complimentary notes on RY can be downloaded in PDF format at:

Great Western Bancorp Inc. operates as the bank holding Company for Great Western Bank that provides business and agribusiness banking, retail banking, and wealth management services. The stock advanced 2.75% to close the day at $31.01 with a total volume of 377,294 shares traded. The Company's shares have gained 14.24% in the previous three months and 31.19% in the past one year. The stock is trading 10.77% above its 200-day moving average. Additionally, Great Western Bancorp.'s stock traded at a PE ratio of 14.08 and has an RSI of 42.83. Register for free on and access the latest research on GWB at:

On Wednesday, shares in Montreal, Canada headquartered diversified financial services provider, Bank of Montreal, ended the session 0.84% higher at $63.41 with a total volume of 628,282 shares traded. Shares of the Company traded at a PE ratio of 12.38. The Company's shares have advanced 0.79% in the last one month, 5.56% in the previous three months and 11.73% in the past one year. The stock is trading 10.52% above its 200-day moving average. Moreover, shares of Bank of Montreal have an RSI of 47.39. Get free access to your trade alert on BMO at:


Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  


SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number:  +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
bottom clear