Large Inflow of Money Witnessed in Regions Financial Corporation

Regions Financial Corporation (RF) : Thursdays money flow indicated an uptick to downtick ratio was at 1.31. The total value of inflow transactions on upticks was $16.6 million, whereas, the total value of outflow trades on downticks was $12.65 million. The total money flow was $3.95 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $5.1 million. The total value of the trades done on upticks was $7.39 million. Downticks saw transactions worth $2.29 million. The total uptick to downtick ratio stood at 3.23, mildly in favor of the bulls. Regions Financial Corporation (RF) was trading with a -0.12% change over previous days close. It fell $0.01 during the day and reached $8.18. The stock was -2.15% compared to the previous weeks close.


Regions Financial Corporation (RF) : The highest short term price target forecast on Regions Financial Corporation (RF) is $12 and the lowest target price is $9. A total of 16 equity analysts are currently covering the company. The average price of all the analysts is $9.91 with a standard deviation of $0.82. The stock has recorded a 20-day Moving Average of 7.16% and the 50-Day Moving Average is 10.29%.

Regions Financial Corporation (NYSE:RF): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.18 and $8.17 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $8.40. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.25, notching a gain of 0.73% for the day. The total traded volume was 21,554,021 . The stock had closed at $8.19 on the previous day.

Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. The Company carries out its business in three segments: Corporate Bank, Consumer Bank and Wealth Management. The Corporate Bank segment represents the Companys commercial banking functions, including commercial and industrial, commercial real estate and investor real estate lending. The Consumer Bank segment represents the Companys branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans and small business loans, among others. The Wealth Management segment offers individuals, businesses, Governmental institutions and non-profit entities a range of solutions to enable transfer of wealth.

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