SunTrust Banks (STI) : The money flow analysis of SunTrust Banks (STI) indicates a $1.6 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $2.64 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.65 and so was the total money flow at $1.04 million. The bulls lapped up $0.92 million worth of block trades on upticks. The money flow was $0.92 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 SunTrust Banks (STI), pushing it down by -0.02% for the day. The stock slid $0.01 and traded at $43.32 during the day. Nonetheless, the stock is -1.95% over the previous weeks close.
SunTrust Banks, Inc. has dropped 1.58% in the last five trading days, however, the shares have posted positive gains of 0.02% in the last 4 weeks. SunTrust Banks, Inc. is up 9.53% in the last 3-month period. Year-to-Date the stock performance stands at 3.66%.
SunTrust Banks (STI) : Zacks Investment Research ranks SunTrust Banks (STI) as 3, which is a Hold recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 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 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 17 research analysts is 2.12, which indicates as a Buy.
SunTrust Banks (NYSE:STI): The stock opened at $43.6 and touched an intraday high of $43.63 on Wednesday. During the day, the stock corrected to an intraday low of $42.99, however, the bulls stepped in and pushed the price higher to close in the green at $43.59 with a gain of 0.60% for the day. The total traded volume for the day was 2,495,702. The stock had closed at $43.33 in the previous trading session.
Suntrust Banks, Inc. is a bank holding company and a financial holding company. Through its principal subsidiary, SunTrust Bank, the Company offers a line of financial services for consumers and businesses, including deposit, credit, mortgage banking, and trust and investment services. The Companys other subsidiaries provide asset and wealth management, securities brokerage, and capital market services. SunTrust operates the following business segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. It also operates a Corporate Other segment, which includes the management of the Companys investment securities portfolio, long-term debt, end-user derivative instruments, short-term liquidity and funding activities, balance sheet risk management, and most real estate assets. SunTrust operates primarily within Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia and the District of Columbia.