AllianceBernstein Holding L.P Stock Hits New 52-Week Low (AB)

NEW YORK ( TheStreet) -- AllianceBernstein Holding L.P (NYSE: AB) hit a new 52-week low Wednesday as it is currently trading at $11.67, below its previous 52-week low of $11.71 with 9,933 shares traded as of 9:34 a.m. ET. Average volume has been 247,900 shares over the past 30 days.

AllianceBernstein Holding L.P has a market cap of $1.25 billion and is part of the financial sector and financial services industry. Shares are down 5.4% year to date as of the close of trading on Tuesday.

AllianceBernstein Holding L.P. provides investment management and related services in the United States and internationally.

TheStreet Ratings rates AllianceBernstein Holding L.P as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full AllianceBernstein Holding L.P Ratings Report.

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