Shares of BB&T Corporation (BBT) Sees Large Inflow of Net Money Flow

BB&T Corporation (BBT) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.3. The total value of inflow transactions on upticks was $11.77 million, whereas, the total value of outflow trades on downticks was $9.06 million. The total money flow was $2.71 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.64 million. The total value of the trades done on upticks was $1.64 million. BB&T Corporation (BBT) was trading with a -0.16% change over previous days close. It fell $0.06 during the day and reached $37.34. The stock was -1.4% compared to the previous weeks close.


BB&T Corporation has lost 1.62% in the last five trading days and dropped 1.16% in the last 4 weeks. BB&T Corporation is up 9.43% in the last 3-month period. Year-to-Date the stock performance stands at 2.07%.

BB&T Corporation (BBT) : 18 analysts are covering BB&T Corporation (BBT) and their average rating on the stock is 2.17, which is read as a Buy. 8 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. BB&T Corporation (BBT) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

BB&T Corporation (NYSE:BBT): The stock opened at $37.45 and touched an intraday high of $37.67 on Wednesday. During the day, the stock corrected to an intraday low of $37.25, however, the bulls stepped in and pushed the price higher to close in the green at $37.65 with a gain of 0.67% for the day. The total traded volume for the day was 3,133,851. The stock had closed at $37.4 in the previous trading session.

BB&T Corporation (BB&T) is a financial holding company. The Company conducts its business operations primarily through its bank subsidiary, Branch Bank, and other nonbank subsidiaries. BB&Ts operations are divided into six reportable business segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services and Financial Services, and Other, Treasury and Corporate. Branch Bank provides a range of banking and trust services for retail and commercial clients in its geographic markets, including small and mid-size businesses, public agencies, local governments and individuals, through 1,839 offices as of December 31, 2014. BB&Ts subsidiaries offer a range of retail and commercial services to retail and commercial clients.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *