Cullen/Frost Bankers (CFR) has risen sharply, recording gains of 7.74% in the past 4 weeks. However, the stock has corrected -1.51% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 4.24% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.94% and the 50-Day Moving Average is 4.04%. Cullen/Frost Bankers, Inc. is up 6.96% in the last 3-month period. Year-to-Date the stock performance stands at 15.33%.
Cullen/Frost Bankers (NYSE:CFR): On Fridays trading session , Opening price of the stock was $69.34 with an intraday high of $69.4. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $66.922. However, the stock managed to close at $67.89, a loss of 2.25% for the day. On the previous day, the stock had closed at $69.45. The total traded volume of the day was 1,572,173 shares.
Cullen/Frost Bankers, Inc. (Cullen/Frost) is a financial holding and a bank holding company. The Company, through its subsidiaries, offers commercial and consumer banking services, trust and investment management, mutual funds, investment banking, insurance, brokerage, leasing, treasury management and item processing services. The Company serves industries, including energy, manufacturing, services, construction, retail, telecommunications, healthcare, military and transportation, among others. The Company operates in two segments: Banking and Frost Wealth Advisors. The Banking segment includes commercial and consumer banking services, Frost Securities, Inc. and Frost Insurance Agency. Commercial banking services are provided to corporations and other business clients. Consumer banking services include direct lending and depository services. The Frost Wealth Advisors segment includes fee-based services within private trust, retirement services and financial management services.