Large Outflow of Money Witnessed in WSFS Financial Corporation

WSFS Financial Corporation (WSFS) : Money flow in the WSFS Financial Corporation (WSFS) stock was negative (1.16 million) on Wednesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $0.53 million, compared to $1.69 million on downticks. The total uptick to downtick ratio was 0.31, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($1.1 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $1.1 million, indicating persistent selling. WSFS Financial Corporation (WSFS) traded $0.09 higher at $36.48 gaining 0.26% over the previous days close.


Shares of WSFS Financial Corp. appreciated by 1.46% during the last five trading days but lost 2.44% on a 4-week basis. WSFS Financial Corp. is up 17.27% in the last 3-month period. Year-to-Date the stock performance stands at 14.38%.

WSFS Financial Corporation (WSFS) : Zacks Investment Research ranks WSFS Financial Corporation (WSFS) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 2 research analysts is 2, which indicates as a Buy.

WSFS Financial Corporation (NASDAQ:WSFS): The stock opened at $36.4 and touched an intraday high of $36.87 on Wednesday. During the day, the stock corrected to an intraday low of $36.28, however, the bulls stepped in and pushed the price higher to close in the green at $36.81 with a gain of 1.15% for the day. The total traded volume for the day was 216,147. The stock had closed at $36.39 in the previous trading session.

WSFS Financial Corporation is a financial services company. The Companys subsidiary is Wilmington Savings Fund Society, FSB (WSFS Bank or the Bank), which is the bank and trust company in the United States. The Company operates in three segments: WSFS Bank, Cash Connect, and Trust and Wealth Management. The WSFS Bank segment provides loans and other financial products to commercial and retail customers. Cash Connect provides turnkey ATM services through strategic partnerships with several of the network, manufacturers and service providers in the ATM industry. The Trust and Wealth Management segment provides an array of fiduciary, investment management, credit and deposit products to clients. It also offers variety of consumer loan products, retail securities and insurance brokerage services through its retail branches and mortgage and title services through those branches and through Pennsylvania-based Array Financial Group, Inc., and Arrow Land Transfer Company.

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.