Fortress Investment Group LLC stock performance trend indicates that the stock price has rallied 60.04% 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 61.34% . Looking at the past 52 week period, the stock price is up at 66.74% . 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 12.88 compared to overall market.Based on the Stock Research the Relative Strength Index signal is in over bought territory with a range of 87.82.
Fortress Investment Group LLC (NYSE:FIG) has tumbled 0.13% during the past week and has dropped 0.25% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.36%. Fortress Investment Group LLC (NYSE:FIG) has underperformed the index by 1.39% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company shares have received an average consensus rating of Hold for the current week Fortress Investment Group LLC (NYSE:FIG) witnessed a volatile trading activity on Friday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $7.96 and reached the intraday high at $7.98. The bulls started the profit booking and pushed the shares to intraday low of $7.955. The trading session was marked by a volume range of 1,892,208 shares exchanging hands. The 52-week high of the shares is $8.05 and the 52-week low is $4.23. The market cap of the company stands at $3,086 million and there are 387,215,710 shares in public circulation.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Fortress Investment Group LLC was Downgraded by JMP Securities to Mkt Perform on Mar 8, 2017.
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 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.