Shares of Discover Financial Services (DFS) Sees Large Inflow of Net Money Flow

Discover Financial Services (DFS) : On Wednesday, The money flowed into the Discover Financial Services (DFS) stock with an uptick to downtick ratio was recorded at 1.25. Transactions worth $23.82 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $19.13 million. The total money flow into the stock was $4.69 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $6.07 million of block transactions on upticks. The total money flow in block trades was $6.07 million. In terms of price action, Discover Financial Services (DFS) traded down $0.02 during the session at $57.05. Compared to the previous days closing, the stock was down only by -0.04%. For the week, the stock is -0.59%, over previous weeks closing.


Discover Financial Services has lost 0.68% in the last five trading days and dropped 3.55% in the last 4 weeks. Discover Financial Services is up 9.23% in the last 3-month period. Year-to-Date the stock performance stands at 8.16%.

Discover Financial Services (DFS) : 12 brokerage houses believe that Discover Financial Services (DFS) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Discover Financial Services (DFS). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 16 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.44.

Discover Financial Services (NYSE:DFS): stock was range-bound between the intraday low of $56.7 and the intraday high of $57.3098 after having opened at $57.03 on Wednesdays session. The stock finally closed in the red at $57.03, a loss of -0.04%. The stock remained in the red for the whole trading day. The total traded volume was 2,496,935 shares. The stock failed to cross $57.3098 in Wednesdays trading. The stocks closing price on Thursday was $57.07.

Discover Financial Services (DFS) is a direct banking and payment services company. The Company is a bank holding company, as well as a financial holding company. The Company provides direct banking products and services and payment services through its subsidiaries. The Company manages its business activities in two segments: Direct Banking and Payment Services. Direct Banking segment includes consumer banking and lending products, specifically Discover-branded credit cards issued to individuals and small businesses on the Discover Network and other consumer banking products and services, including private student loans, personal loans, home loans, home equity loans, prepaid cards and other consumer lending and deposit products. The Payment Services segment includes PULSE, Diners Club and the Companys network partners business, which provides payment transaction processing and settlement services on the Discover Network.

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