(VIANEWS) – Shares of T. Rowe Price Group (NASDAQ: TROW) rose 9.05% to $130.90 at 13:23 EST on Thursday, after two consecutive sessions in a row of gains. NASDAQ is rising 2.81% to $12,148.26, after two consecutive sessions in a row of gains. This seems, at the moment, an all-around positive trend exchanging session today.
T. Rowe Price Group’s last close was $120.04, 23.91% under its 52-week high of $157.77.
About T. Rowe Price Group
T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, and Amsterdam, Netherlands.
Earnings Per Share
As for profitability, T. Rowe Price Group has a trailing twelve months EPS of $11.78.
PE Ratio
T. Rowe Price Group has a trailing twelve months price to earnings ratio of 11.12. Meaning,
the purchaser of the share is investing $11.12 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.78%.
Yearly Top and Bottom Value
T. Rowe Price Group’s stock is valued at $130.90 at 13:23 EST, way below its 52-week high of $157.77 and way above its 52-week low of $93.53.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
T. Rowe Price Group’s stock is considered to be oversold (<=20).
Sales Growth
T. Rowe Price Group’s sales growth is negative 17.5% for the present quarter and 2.3% for the next.
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