5 Stocks Pulling The Banking Industry Downward

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 11 points (0.1%) at 15,533 as of Tuesday, July 30, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,505 issues advancing vs. 1,392 declining with 116 unchanged.

The Banking industry currently sits down 0.1% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Lloyds Banking Group ( LYG), up 2.7%.

TheStreet would like to highlight 5 stocks pushing the industry lower today:

5. Royal Bank of Scotland Group (The ( RBS) is one of the companies pushing the Banking industry lower today. As of noon trading, Royal Bank of Scotland Group (The is down $0.35 (-3.5%) to $9.67 on heavy volume. Thus far, 1.2 million shares of Royal Bank of Scotland Group (The exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $9.65-$9.81 after having opened the day at $9.75 as compared to the previous trading day's close of $10.02.

The Royal Bank of Scotland Group plc, through its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. Royal Bank of Scotland Group (The has a market cap of $31.2 billion and is part of the financial sector. Shares are down 7.1% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Royal Bank of Scotland Group (The a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Bank of Scotland Group (The as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Royal Bank of Scotland Group (The Ratings Report now.

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