Shares of Capital Bank Financial (CBF) Sees Large Outflow of Money

Capital Bank Financial (CBF) : The value of composite uptick trades was $0.79 million, whereas, the value of composite downtick trades was $9.04 million. The uptick to downtick ratio stood at 0.09 with a negative money flow of ($8.25) Million during Thursdays trading session. The block trades money flow was negative ($8.26 million). The transaction of the trades on downticks amounted to $8.26 million, which confirms investors selling on the strength of price. Capital Bank Financial (CBF) gained 13 cents at $28.21, an increase of 0.46% over the previous days close.


Capital Bank Financial (CBF) : The consensus price target for Capital Bank Financial (CBF) is $36.33 for the short term with a standard deviation of $3.21. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $40, however, the pessimist price target for the company is $34. The stock has recorded a 20-day Moving Average of 5.03% and the 50-Day Moving Average is 5.91%.

Capital Bank Financial (NASDAQ:CBF): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.12 and $27.91 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.21, notching a gain of 0.46% for the day. The total traded volume was 461,540 . The stock had closed at $28.08 on the previous day.

Capital Bank Financial Corp. (CBF) is a bank holding company whose business is conducted primarily through Capital Bank, National Association (Capital Bank, NA or the Bank). The Company operates 162 full service banking offices located in Florida, North Carolina, South Carolina, Tennessee and Virginia. Through its branches, the Company offers a range of commercial and consumer loans and deposits, as well as ancillary financial services. The Company focuses its commercial bank business on loan originations for small and middle-market businesses. The consumer bank business line consists of Capital Banks retail banking branches and associated businesses. Its mortgage banking capabilities include conventional and nonconforming mortgage underwriting and construction and permanent financing. Through wealth management, the Company offers investment accounts providing access to mutual funds, annuities and other financial products.

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