Financial Sector Top Losers: E-House (China) Holdings Limited (NYSE:EJ), Clifton Savings Bancorp (NASDAQ:CSBK), RCS Capital (NYSE:RCAP), Siebert Financial (NASDAQ:SIEB)

E-House China (NYSE:EJ) was downgraded by equities research analysts at Goldman Sachs from a “conviction-buy” rating to a “buy” rating in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. E-House (China) Holdings Limited (ADR) (NYSE:EJ) shares after opening at $13.55 moved to $13.94 on last trade day and at the end of the day closed at $13.09. Company price to sales ratio in past twelve months was calculated as 2.78 and price to cash ratio as 8.08. E-House (China) Holdings Limited (ADR) (NYSE:EJ) showed a negative weekly performance of -8.84%.

Clifton Savings Bancorp, Inc. (NASDAQ:CSBK) shares fell -9.08% in last trading session and ended the day Clifton Savings Bancorp Inc. said Wednesday after markets closed that it completed its so-called second-step subscription offering of common stock and has received orders from depositors and borrowers for about $171 million worth $10 a share On $11.81. CSBK return on equity ratio is recorded as 3.40% and its return on assets is 0.60%. Clifton Savings Bancorp, Inc. (NASDAQ:CSBK) yearly performance is 0.25%.

On March 17, 2014, RCS Capital Corporation (NYSE:RCAP), Dolphin Acquisition, LLC, a wholly owned subsidiary of the Company (“Merger Sub”), and Summit Financial Services Group, Inc. (“Summit”), entered into a First Amendment to Agreement and Plan of Merger (the “Amendment”), amending that certain Agreement and Plan of Merger, dated as of November 16, 2013. RCS Capital Corp (NYSE:RCAP) shares moved down -7.82% in last trading session and was closed at $31.34, while trading in range of $30.80 – $34.63. RCS Capital Corp (NYSE:RCAP) year to date (YTD) performance is 70.79%.

Siebert Financial Corp. (NASDAQ:SIEB) whose late founder, Muriel Siebert, was the first woman to buy a seat on the New York Stock Exchange, is exploring a sale, people with knowledge of the matter said. Siebert Financial Corp. (NASDAQ:SIEB) weekly performance is 34.08%. On last trading day company shares ended up $2.99. Siebert Financial Corp. (NASDAQ:SIEB) distance from 50-day simple moving average (SMA50) is 25.39%.

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