Shares of Lloyds Banking Group Plc (LYG) Sees Large Outflow of Money

Lloyds Banking Group Plc (LYG) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.27 million) and the uptick to downtick ratio was 0.77. The transaction value on upticks was $4.23 million and on downticks, the transaction value was $5.5 million. In block trades, the transaction value of inflow done during uptick was $1.77 million. The transaction value of block trades during downticks was $3.04 million. The uptick to downtick block trade ratio was 0.58. The money flow was negative ($1.28 million), indicating the traders were booking profit on the price strength. Lloyds Banking Group Plc (LYG) rose $0.03 at $2.58, during intraday Thursday , a rise of 1.18% over the previous days close.


The stock has recorded a 20-day Moving Average of 26.46% and the 50-Day Moving Average is 32.34%.

Lloyds Banking Group Plc (NYSE:LYG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $2.64 and $2.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $2.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $2.60, notching a gain of 1.96% for the day. The total traded volume was 43,892,759 . The stock had closed at $2.55 on the previous day.

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.

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