Shares of Capital One Financial Corporation (COF) Sees Large Outflow of Money

Capital One Financial Corporation (COF) : The value of composite uptick trades was $4.63 million, whereas, the value of composite downtick trades was $6.13 million. The uptick to downtick ratio stood at 0.76 with a negative money flow of ($1.5) Million during Thursdays trading session. The block trades money flow was negative ($2.04 million). The transaction of the trades on downticks amounted to $2.04 million, which confirms investors selling on the strength of price. Capital One Financial Corporation (COF) gained 103 cents at $62.31, an increase of 1.68% over the previous days close.


Capital One Financial Corporation (COF) : The most positive equity analysts on Capital One Financial Corporation (COF) expects the shares to touch $100, whereas, the least positive believes that the stock will trade at $59 in the short term. The company is covered by 16 Wall Street Brokerage Firms. The average price target for shares are $79.47 with an expected fluctuation of $10.74 from the mean. The stock has recorded a 20-day Moving Average of 3.88% and the 50-Day Moving Average is 9.81%.

Capital One Financial Corporation (NYSE:COF): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $61.20 and $61.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $62.55. The buying momentum continued till the end and the stock did not give up its gains. It closed at $61.89, notching a gain of 1.00% for the day. The total traded volume was 4,644,850 . The stock had closed at $61.28 on the previous day.

Capital One Financial Corp is a diversified financial services holding company. The Company and its subsidiaries offer a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. In addition to bank lending, treasury management and depository services, the Company offers credit and debit card products, auto loans and mortgage banking in markets across the United States. The Company operates three primary business segments: Credit Card, Consumer Banking and Commercial Banking. The Companys principal subsidiaries include the following: Capital One Bank (USA), National Association (COBNA), which offers credit and debit card products, other lending products and deposit products, and Capital One, National Association (CONA), which offers a range of banking products and financial services to consumers, small businesses and commercial clients.

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