Shares of Lloyds Banking Group Plc (LYG) Sees Large Inflow of Net Money Flow

Lloyds Banking Group Plc (LYG) : Investors lapped up stocks on upticks to the tune of $1.06 million in the Fridays trading session. The trading value on downticks was comparatively at $0.54 million and the uptick to downtick ratio of 1.96 indicates continuous buying by the bulls. The net money flow into the stock was $0.52 million. The block trades were dominated by the bulls with a healthy 1.37, uptick to downtick ratio. Only $0.19 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $0.25 clearly indicating buying by large investors. The total money flow for block trades stood at $0.07 million, which is a positive for the stock in the long-term. Lloyds Banking Group Plc (LYG) fell $0.01 during the day at $3.29, a drop of -0.3% over the previous days close. However, for the week, the stock is 6.47%, compared to the previous week.


The company Insiders own 0.01% of Lloyds Banking Group Plc shares according to the proxy statements. Institutional Investors own 1.65% of Lloyds Banking Group Plc shares.

Lloyds Banking Group Plc (NYSE:LYG): The stock opened at $3.32 and touched an intraday high of $3.32 on Friday. During the day, the stock corrected to an intraday low of $3.28, however, the bulls stepped in and pushed the price higher to close in the green at $3.31 with a gain of 0.30% for the day. The total traded volume for the day was 3,202,147. The stock had closed at $3.3 in the previous trading session.

Lloyds Banking Group Plc (LYG) : Traders are bullish on Lloyds Banking Group Plc (LYG) as it has outperformed the S&P 500 by a wide margin of 14.69% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.58%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 7.12% in the last 1 week, and is up 14.53% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Lloyds Banking Group plc is engaged in providing financial services to individual and business customers in the United Kingdom and in certain locations overseas. The Company offers retail and commercial banking, and long-term savings, protection and investment. It operates through five segments: Retail, Commercial Banking, Consumer Finance, Insurance and TSB Banking Group plc (TSB). Retail segment provides banking, mortgages and other financial services to personal customers in the United Kingdom. Commercial Banking segment provides banking and related services to business clients. Consumer Finance segment provides asset finance and credit card products. Insurance segment provides long-term savings, protection and investment products, as well as general insurance products in the United Kingdom. TSB is engaged in retail banking business. Its services are offered through various brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.