New York Community Bancorp (NYCB) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $12.2 million worth of transactions were on upticks, whereas, the downticks accounted for $6.93 million worth of transactions. The net money flow was a positive $5.28 million and the uptick to downtick ratio was 1.76. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 35.68 in their favor. The net money flow into the stock was $5.19 million. The value of block trades done on downticks was only $0.15 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $5.34 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. New York Community Bancorp (NYCB) was trading at $14.43, down $0.08 during day. The stock slid -0.55% over the previous days close. For the week, the stock recorded -2.3% over the previous weeks close.
Shares of New York Community Bancorp Inc. appreciated by 0.21% during the last five trading days but lost 2.44% on a 4-week basis. New York Community Bancorp Inc. has dropped 1.61% during the last 3-month period . Year-to-Date the stock performance stands at -8.54%.
New York Community Bancorp (NYCB) : Zacks Investment Research ranks New York Community Bancorp (NYCB) as 4, which is a Sell recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.55, which indicates as a Hold.
New York Community Bancorp (NYSE:NYCB): stock was range-bound between the intraday low of $14.385 and the intraday high of $14.61 after having opened at $14.59 on Wednesdays session. The stock finally closed in the red at $14.59, a loss of -0.62%. The stock remained in the red for the whole trading day. The total traded volume was 5,319,240 shares. The stock failed to cross $14.61 in Wednesdays trading. The stocks closing price on Thursday was $14.51.
New York Community Bancorp, Inc. is a multi-bank holding company and has two primary subsidiaries: New York Community Bank (Community Bank) and New York Commercial Bank (Commercial Bank). The Community Bank is a New York State-chartered savings bank with 242 branches that operates through seven local divisions. The Community Bank is a producer of multi-family loans in New York City. In addition to multi-family loans, it originates commercial real estate loans (primarily in New York City, as well as Long Island and New Jersey) and, to a much lesser extent, acquisition, development, and construction (ADC) loans, and commercial and industrial (C&I) loans. The Commercial Bank is a New York State-chartered commercial bank with 30 branches in Manhattan, Queens, Brooklyn, Westchester County, and Long Island, including 18 that operate under the name Atlantic Bank. The Commercial Bank offers 24-hour banking online and by phone.