Shares of Citizens Financial Group (CFG) Sees Large Inflow of Net Money Flow

Citizens Financial Group (CFG) : Investors lapped up stocks on upticks to the tune of $1.2 million in the Fridays trading session. The trading value on downticks was comparatively at $0.5 million and the uptick to downtick ratio of 2.4 indicates continuous buying by the bulls. The net money flow into the stock was $0.7 million. Upticks saw transactions worth $0.75 clearly indicating buying by large investors. The total money flow for block trades stood at $0.75 million, which is a positive for the stock in the long-term. Citizens Financial Group (CFG) fell $0.06 during the day at $24.46, a drop of -0.24% over the previous days close. However, for the week, the stock is 1.41%, compared to the previous week.


The company Insiders own 0.22% of Citizens Financial Group shares according to the proxy statements. Institutional Investors own 96.53% of Citizens Financial Group shares.

In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Citizens Financial Group Inc/Ri, Subramaniam Shivan S. had purchased shares worth of $104,550 in a transaction dated on March 8, 2016. A total of 5,000 shares were purchased at a price of $20.91 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Citizens Financial Group (NYSE:CFG): The stock opened at $24.59 and touched an intraday high of $24.875 on Friday. During the day, the stock corrected to an intraday low of $24.41, however, the bulls stepped in and pushed the price higher to close in the green at $24.68 with a gain of 0.65% for the day. The total traded volume for the day was 4,892,083. The stock had closed at $24.52 in the previous trading session.

Citizens Financial Group (CFG) : Traders are bullish on Citizens Financial Group (CFG) as it has outperformed the S&P 500 by a wide margin of 5.66% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.81%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.32% in the last 1 week, and is up 5.52% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Citizens Financial Group, Inc. is a retail bank holding company in the United States. The Company offers a range of retail and commercial banking products and services to individuals, institutions and companies. The Company operates approximately 1,200 branches in an 11-state footprint across the New England, Mid-Atlantic and Midwest regions. The Company serves the financial needs of customers and prospects through its online, telephone and mobile banking platforms. It also maintains over 100 retail and commercial non-branch offices located both in the Companys banking footprint and in eleven other states and the District of Columbia. The Company operates in two segments: Consumer Banking and Commercial Banking. The Companys subsidiaries are Citizens Bank, N.A. (CBNA) and Citizens Bank of Pennsylvania (CBPA).

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