NEW YORK, August 5, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: Itau Unibanco Holding S.A. (NYSE: ITUB), Banco Bradesco S.A. (NYSE: BBD), Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG), First Bancorp (NYSE: FBP), and HDFC Bank Ltd (NYSE: HDB). Free research report on Itau Unibanco Holding can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=ITUB On Tuesday, August 04, 2015, the NASDAQ Composite ended at 5,105.55, down 0.19%, the Dow Jones Industrial Average lost 0.27%, to finish the day at 17,550.69, and the S&P 500 closed at 2,093.32, down 0.22%. The losses were broad based as seven out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.  

On Tuesday, shares in Itau Unibanco Holding S.A. recorded a trading volume of 17.07 million shares, higher than their three months average volume of 13.15 million shares. The stock ended the day 2.56% lower at $8.39. Shares of the company traded at a PE ratio of 7.63. Itau Unibanco Holding S.A.'s stock has lost 21.84% in the last one month, 33.37% in the previous three months and 33.58% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 19.07% and 30.26%, respectively. Furthermore, shares of Itau Unibanco Holding S.A. have a Relative Strength Index (RSI) of 28.69. Sign up and read the free notes on ITUB at:

https://www.EquityResearchInstitute.com/reports?keyword=ITUB

Banco Bradesco S.A.'s stock lost 1.70%, to close Tuesday's session at $7.51. The stock recorded a trading volume of 10.50 million shares, above its three months average volume of 9.45 million shares. Over the last one month and the previous three months, Banco Bradesco S.A.'s shares have declined 15.52% and 28.25%, respectively. Additionally, the stock has plummeted 42.96% since the start of this year. The company is trading 14.97% and 34.15% below its 50-day and 200-day moving averages, respectively. Furthermore, Banco Bradesco S.A.'s stock traded at a PE ratio of 7.22 and has an RSI of 30.32. The complimentary notes on BBD can be downloaded in PDF format at:

https://www.EquityResearchInstitute.com/reports?keyword=BBD

Sumitomo Mitsui Financial Group Inc.'s stock finished Tuesday's session 1.02% higher at $8.94. A total of 2.25 million shares were traded, which was above its three months average volume of 2.10 million shares. Over the last one month and the previous three months, Sumitomo Mitsui Financial Group Inc.'s shares have advanced 0.79% and 2.17%, respectively. Additionally, the stock has gained 22.80% since the beginning of 2015. The company's shares are trading above their 50-day and 200-day moving averages by 0.86% and 11.38%, respectively. Sumitomo Mitsui Financial Group Inc.'s stock traded at a PE ratio of 10.04 and has an RSI of 52.06. Register for free on Equity Research Institute and access the latest research on SMFG at:

https://www.EquityResearchInstitute.com/reports?keyword=SMFG

On Tuesday, shares in First Bancorp ended the session 0.24% higher at $4.14. The stock reported a trading volume of 0.72 million shares, below its three months average volume of 1.11 million shares. Shares of the company traded at a PE ratio of 2.19. First Bancorp's shares have declined 7.59% in the last one month, 29.47% in the previous three months and 29.47% on YTD basis. The company is trading 24.40% below its 50-day moving average and 28.17% below its 200-day moving average. Moreover, shares of First Bancorp have an RSI of 24.28. The complete research on FBP is available for free at:

https://www.EquityResearchInstitute.com/reports?keyword=FBP

HDFC Bank Ltd's stock edged 0.05% lower, to close the day at $62.94. The stock recorded a trading volume of 0.54 million shares, below its three months average volume of 0.78 million shares. Over the last one month and over the past three months, HDFC Bank Ltd's shares have gained 1.88% and 11.93%, respectively. Furthermore, the stock has surged 24.79% since the start of this year. The company's shares are trading 5.11% above their 50-day moving average and 11.42% above their 200-day moving average. Additionally, HDFC Bank Ltd traded at a PE ratio of 34.02 and has an RSI of 60.69. Free in-depth research on HDB is available at:

https://www.EquityResearchInstitute.com/reports?keyword=HDB

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