Cowen Inc. (COWN) Soars 2.71%

Cowen Inc. (COWN) Soars 2.71%

Cowen Inc. is a Cowen provides financial services in two segments: the operating company, which includes Cowen Investment Management, investment banking, the markets division, and the research division

Cowen Inc. (COWN) had a good day on the market for Monday November 23 as shares jumped 2.71% to close at $24.29. About 802,249 shares traded hands on 6,201 trades for the day, compared with an average daily volume of n/a shares out of a total float of 26.57 million. After opening the trading day at $24.02, shares of Cowen Inc. stayed within a range of $24.63 to $23.75.

With today’s gains, Cowen Inc. now has a market cap of $645.35 million. Shares of Cowen Inc. have been trading within a range of $24.00 and $5.75 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Cowen provides financial services in two segments: the operating company, which includes Cowen Investment Management, investment banking, the markets division, and the research division; and the asset company, which consists of private investments, real estate investments and other legacy investment strategies. Cowen offers investment management services to institutional investors worldwide. The company offers its investment banking and research services to corporations and institutional investors in the U.S. and Europe. Revenue comes primarily through investment banking and brokerage services.

Cowen Inc. is based out of New York, NY and has some 1,325 employees. Its CEO is Jeffrey M. Solomon.

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