Large Outflow of Money Witnessed in Synchrony Financial

Synchrony Financial (SYF) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($5.87 million) and the uptick to downtick ratio was 0.75. The transaction value on upticks was $17.67 million and on downticks, the transaction value was $23.54 million. In block trades, the transaction value of inflow done during uptick was $2.04 million. The transaction value of block trades during downticks was $10.18 million. The uptick to downtick block trade ratio was 0.2. The money flow was negative ($8.15 million), indicating the traders were booking profit on the price strength. Synchrony Financial (SYF) rose $0.01 at $27.82, during intraday Wednesday , a rise of 0.04% over the previous days close.


Shares of Synchrony Financial rose by 2.81% in the last five trading days and 2.39% for the last 4 weeks. Synchrony Financial is up 12.57% in the last 3-month period. Year-to-Date the stock performance stands at -8.09%.

Synchrony Financial (SYF) : The consensus on Synchrony Financial (SYF) based on 9 analyst recommendation on the company stock is 1.44, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Synchrony Financial (NYSE:SYF): The stock opened at $27.81 and touched an intraday high of $27.95 on Wednesday. During the day, the stock corrected to an intraday low of $27.585, however, the bulls stepped in and pushed the price higher to close in the green at $27.82 with a gain of 0.04% for the day. The total traded volume for the day was 4,815,418. The stock had closed at $27.81 in the previous trading session.

Synchrony Financial (Synchrony) is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Companys revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit. The Company offers two types of credit cards: private label credit cards and Dual Cards. It offers its credit products through its wholly owned subsidiary, Synchrony Bank (the Bank). Through the Bank, it offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC), including certificates of deposit, individual retirement accounts (IRAs), money market accounts and savings accounts, under its Optimizer+Plus brand.

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