Raymond James Financial (RJF) : Net money flow in Raymond James Financial (RJF) was negative ($2.12 million) and the inflow of money on uptick was $7.34 million, whereas, the outflow of money on downticks amounted to $9.46 million on Thursday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.78. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $1.94 million. The money flow in block trades was negative ($1.94). Raymond James Financial (RJF) gained $0.54 cent during the day and reached $48.42, a gain of 1.12% over the previous day.
The stock has recorded a 20-day Moving Average of 3.56% and the 50-Day Moving Average is 5.8%.
Raymond James Financial (NYSE:RJF): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $47.93 and $47.93 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $48.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.94, notching a gain of 2.21% for the day. The total traded volume was 1,166,025 . The stock had closed at $47.88 on the previous day.
Raymond James Financial, Inc., is a financial services company providing private client, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The Company operates in five reportable segments: Private Client Group; Capital Markets; Asset Management; RJ Bank, and the Other Segment. Private Client Group, offers securities transaction and financial planning services. Capital Markets, consist of equity, fixed income products and services. Asset Management, offers investment advisory services for individual and institutional investment portfolios, along with mutual funds. RJ Bank, provides corporate, SBL and residential loans, as well as FDIC insured deposit accounts, to clients of broker-dealer subsidiaries and to general public. Other Segment, includes principal capital and private equity activities, corporate overhead costs of Raymond James Financial such as interest cost on public debt, and the acquisition and integration costs.