Shares of FIRST REPUBLIC BANK (FRC) Sees Large Inflow of Net Money Flow

FIRST REPUBLIC BANK (FRC): $1.87 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.25. The value of trades done on upticks was $9.41 million, whereas, trades done on downticks were valued at $7.54 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $2.09 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $2.09 million. FIRST REPUBLIC BANK (FRC) fell $0.62 traded at $71.18, a change of -0.86% over the previous day. The stock is 2.74% for the week.


First Republic Bank has dropped 0.08% during the last 3-month period . Year-to-Date the stock performance stands at 8.13%. Shares of First Republic Bank rose by 1.01% in the last five trading days and 4.25% for the last 4 weeks.

FIRST REPUBLIC BANK (NYSE:FRC): On Mondays trading session , Opening price of the stock was $72 with an intraday high of $72. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $71.01. However, the stock managed to close at $71.1, a loss of 0.97% for the day. On the previous day, the stock had closed at $71.8. The total traded volume of the day was 673,708 shares.

First Republic Bank and its subsidiaries provide private banking, private business banking and private wealth management, including investment, trust and brokerage services. The Company has offices in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Palm Beach, Greenwich and New York City. The Companys products and services include residential lending, commercial real estate lending, personal lending, private business banking, deposit services, investment management services, brokerage services and trust services. The Bank offers full-service banking on both coasts, including free online banking, free bill pay and free access to automated teller machines (ATMs) across the world.

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