Performance Comparison of Ares Management L.P. (NYSE:ARES)

Ares Management L.P. (NYSE:ARES), closed the last trading session at $41.1 with increase of $0.469999999999999 or 1.16 percent against the opening price of $40.63. The trading day volume of the company stands at 708699 shares while the average trading volume of Ares Management L.P. (NYSE:ARES) is 461.56 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 234.4 Million.

The price target of Ares Management L.P. (NYSE:ARES) is currently set at 40.08 by the analysts. The stock is $1.06 Above its 1-Year High which is $40.67. ARES hit its 1-Year low price of $21.51. The company is currently rated by analyst who are keeping a close eye on the stock as 2.1. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Ares Management L.P. (NYSE:ARES)

The value of the stock increased by 5.55% during the previous week performance. Looking at the 1 month performance of Ares Management L.P. (NYSE:ARES), the stock jumped 14.17%. While the 1 year performance shows a positive percentage of 88.97 and year to date performance stands at 15.16%.

Ares Management L.P. (NYSE:ARES) Analytical Review

The stock needs to grow about $-1.02 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 9.16%, 14.91% and 36.65 percent respectively. The stock trades about 2.09 percent of its Float giving its total shares Outstanding are 234.4 Million. ARES gained about 51.05 percent in 6 months showing its Average True Range of 1.01. The company currently has a RSI and Beta of 74.3 and 1.64.

While talking about Ares Management L.P. (NYSE:ARES) valuation ratios, the stock trades with a P/S and P/B of 6.11 and 9.83 which is significantly better and attractive as compared to its peers.