Citizens Financial Group (CFG) has been under a strong bear grip, hence the stock is down -4.73% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4.14% in the past 1 week. The stock has risen by 5.69% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.57% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 3.82% and the 50-Day Moving Average is 3.22%.
Citizens Financial Group (NYSE:CFG): The stock opened at $21.14 on Friday but the bulls could not build on the opening and the stock topped out at $21.27 for the day. The stock traded down to $20.95 during the day, due to lack of any buying support eventually closed down at $20.98 with a loss of -0.05% for the day. The stock had closed at $20.99 on the previous day. The total traded volume was 5,157,307 shares.
The company Insiders own 0.22% of Citizens Financial Group shares according to the proxy statements. Institutional Investors own 95.4% of Citizens Financial Group shares. During last six month period, the net percent change held by insiders has seen a change of 6.56%. In a related news, Subramaniam Shivan S., director of Citizens Financial Group Inc/Ri had purchased 5,000 shares on March 8, 2016 in a transaction. The price per share was $20.91 and the total amount of the disclosed transaction was $104,550.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
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).