(VIANEWS) – The NASDAQ ended the session with T. Rowe Price Group jumping 9.61% to $128.36 on Friday, after three sequential sessions in a row of losses. NASDAQ rose 1.9% to $14,316.66, after two sequential sessions in a row of losses, on what was an all-around up trend trading session today.
T. Rowe Price Group’s last close was $117.11, 13.02% below its 52-week high of $134.64.
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, Shanghai, China; Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, Amsterdam, Netherlands and Washington, DC.
Earnings Per Share
As for profitability, T. Rowe Price Group has a trailing twelve months EPS of $6.12.
PE Ratio
T. Rowe Price Group has a trailing twelve months price to earnings ratio of 20.97. Meaning, the purchaser of the share is investing $20.97 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 13.64%.
Volume
Today’s last reported volume for T. Rowe Price Group is 2413020 which is 80.28% above its average volume of 1338430.
Revenue Growth
Year-on-year quarterly revenue growth declined by 17.5%, now sitting on 6.16B for the twelve trailing months.
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