Synovus Financial (NYSE:SNV) : During the past 4 weeks, traders have been relatively bearish on Synovus Financial (NYSE:SNV), hence the stock is down -9.1% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.64% relative to the S&P 500. The stock has risen by 0.63% in the past week indicating that the buyers are active at lower levels, but the stock is down -7.63% in the past 4 weeks.
The company shares have dropped -7.42% from its 1 Year high price. On Nov 11, 2015, the shares registered one year high at $33.80 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $30.22 and the 200 Day Moving Average price is recorded at $29.63.
The stock has recorded a 20-day Moving Average of 2.14% and the 50-Day Moving Average is 5.7%.
Synovus Financial (NYSE:SNV): stock turned positive on Friday. Though the stock opened at $28.78, the bulls momentum made the stock top out at $28.98 level for the day. The stock recorded a low of $28.53 and closed the trading day at $28.56, in the green by 1.06%. The total traded volume for the day was 1,116,743. The stock had closed at $28.26 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Copeland R Dallis Jr, officer (EVP/Chief Banking Officer) of Synovus Financial Corp, had unloaded 8,000 shares at an average price of $30.1 in a transaction dated on May 17, 2016. The total value of the transaction was worth $240,800.
Synovus Financial Corp. (Synovus) is a financial services and a bank holding company. The Company provides integrated financial services, including commercial and retail banking, financial management, insurance and mortgage services to its customers through 28 locally branded banking divisions of its wholly owned subsidiary bank, Synovus Bank, and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee. Its retail banking services include accepting customary types of demand and savings deposits; mortgage, installment and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services, and bank credit card services, including MasterCard and Visa services. The Companys commercial banking services include cash management, asset management, capital markets services, institutional trust services and commercial, financial and real estate loans.