Shares of Peoples United Financial (PBCT) Sees Large Outflow of Money

Peoples United Financial (PBCT) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($3.66 million) and the uptick to downtick ratio was 0.53. The transaction value on upticks was $4.05 million and on downticks, the transaction value was $7.71 million. The transaction value of block trades during downticks was $3.3 million. The money flow was negative ($3.3 million), indicating the traders were booking profit on the price strength. Peoples United Financial (PBCT) rose $0.11 at $14.65, during intraday Thursday , a rise of 0.76% over the previous days close.


Peoples United Financial (PBCT) : Average target price received by Peoples United Financial (PBCT) is $14.29 with an expected standard deviation of $1.07. The most aggressive target on the stock is $17, whereas the most downbeat target is $13. 7 financial analysts are currently covering the stock. The stock has recorded a 20-day Moving Average of 2.78% and the 50-Day Moving Average is 4.37%.

Peoples United Financial (NASDAQ:PBCT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.54 and $14.47 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.65, notching a gain of 0.76% for the day. The total traded volume was 3,618,732 . The stock had closed at $14.54 on the previous day.

Peoples United Financial, Inc. is a savings and loan holding company. It is a holding company for Peoples United Bank (the Bank), a federally-chartered stock savings bank headquartered in Bridgeport, Connecticut. The principal business of the Company is to provide, through the Bank and its subsidiaries, commercial banking, retail banking and wealth management services to individual, corporate and municipal customers. The Companys operates through three segments: Commercial Banking, Retail Banking and Wealth Management. In addition, the Treasury area manages the Companys securities portfolio, short-term investments, brokered deposits and wholesale borrowings. In addition to traditional banking activities, the Bank provides specialized financial services: personal, institutional and employee benefit trust; cash management, and municipal banking and finance.

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