Large Outflow of Money Witnessed in Citizens Financial Group

Citizens Financial Group (NYSE:CFG) surged 0.29% during the last session. The last traded price was up 0.06 points at $21. The data for the fund flow suggests that the net intraday money flow was $(-4.39) million. The fund value in upticks was recorded to be $16.85 million and in downticks, it was found to be $21.24 million. The up/down ratio for the day was measured to be 0.79. For the week, the shares have seen a percentage change of -6.5%.A block trade of $(-5.56) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $9.99 million and that of downticks was $15.56 million. The block tradeoff had the up/down ratio of 0.64.

Citizens Financial Group, Inc. has lost 6.06% in the last five trading days and dropped 8.78% in the last 4 weeks. Citizens Financial Group, Inc. has dropped 3.93% during the last 3-month period . Year-to-Date the stock performance stands at -18.62%.

Currently the company Insiders own 0.22% of Citizens Financial Group shares according to the proxy statements. Institutional Investors own 95.07% of Citizens Financial Group shares. During last six month period, the net percent change held by insiders has seen a change of 6.56%. . On the companys insider trading activities, 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) rose 0.76% or 0.16 points on Friday and made its way into the gainers of the day. After trading began at $21 the stock was seen hitting $21.235 as a peak level and $20.92 as the lowest level. The stock ended up at $21.1. The daily volume was measured at 9,967,994 shares. The 52-week high of the share price is $28.54 and the 52-week low is $18.04. The company has a market cap of $11,161 million.

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).

Comments (0)

Leave a Reply

Your email address will not be published.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

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.