Shares of PNC Financial Services Group (The) (PNC) Sees Large Inflow of Net Money Flow

PNC Financial Services Group (The) (PNC) : The money flow analysis of PNC Financial Services Group (The) (PNC) indicates a $19.68 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $21.48 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.09 and so was the total money flow at $1.79 million. The bulls lapped up $1.99 million worth of block trades on upticks. The money flow was $1.99 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of PNC Financial Services Group (The) (PNC), pushing it down by -0.07% for the day. The stock slid $0.06 and traded at $82 during the day. Nonetheless, the stock is 1.71% over the previous weeks close.


The PNC Financial Services Group, Inc. has dropped 2.78% during the last 3-month period . Year-to-Date the stock performance stands at -12.23%. Shares of The PNC Financial Services Group, Inc. appreciated by 1.95% during the last five trading days but lost 1.46% on a 4-week basis. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Pnc Financial Services Group, Inc., Bunch Charles E had purchased shares worth of $87,810 in a transaction dated on May 2, 2016. A total of 1,000 shares were purchased at a price of $87.81 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

PNC Financial Services Group (The) (NYSE:PNC): stock turned positive on Monday. Though the stock opened at $81.67, the bulls momentum made the stock top out at $82.45 level for the day. The stock recorded a low of $81.67 and closed the trading day at $82.09, in the green by 0.04%. The total traded volume for the day was 2,273,562. The stock had closed at $82.06 in the previous days trading.

The PNC Financial Services Group, Inc. is a diversified financial services company in the United States. The Company has businesses engaged in retail banking, corporate and institutional banking, asset management and residential mortgage banking, as well as other products and services in its primary geographic markets located in Pennsylvania, Ohio, New Jersey, Michigan, Illinois, Maryland, Indiana, North Carolina, Florida, Kentucky, Washington, D.C., Delaware, Virginia, Alabama, Missouri, Georgia, Wisconsin and South Carolina. The Company operates through six segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, Residential Mortgage Banking, BlackRock and Non-Strategic Assets Portfolio.

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