Shares of Citizens Financial Group (CFG) Sees Large Outflow of Money

Citizens Financial Group (CFG) : The total negative money flow of $14.09 million on Monday indicates selling on strength. The inflow of money on upticks was $11 million, compared to $25.09 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.44. The negative money flow of $14.3 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $1.99 million in a block trade.The transaction value of block trade on downtick was $16.28 million. The uptick to downtick ratio was 0.12. The price action in the Citizens Financial Group (CFG) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $23.54 with a gain of $0.27 , a change of 1.16% over the previous days close. The stock registered 0.64% for the week.


Shares of Citizens Financial Group, Inc. rose by 0.38% in the last five trading days and 12.81% for the last 4 weeks. Citizens Financial Group, Inc. is up 9.02% in the last 3-month period. Year-to-Date the stock performance stands at -8.72%.

Citizens Financial Group (NYSE:CFG): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.42 and $23.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.54, notching a gain of 1.16% for the day. The total traded volume was 4,491,218 . The stock had closed at $23.27 on the previous day.

In a related news, Subramaniam Shivan S., director of Citizens Financial Group Inc/Ri, executed a transaction worth $104,550 on March 8, 2016. A total of 5,000 shares were purchased at an average price of $20.91. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Citizens Financial Group, Inc. is a retail bank holding company in the United States. The Company offers a range of retail and commercial banking products and services to individuals, institutions and companies. The Company operates approximately 1,200 branches in an 11-state footprint across the New England, Mid-Atlantic and Midwest regions. The Company serves the financial needs of customers and prospects through its online, telephone and mobile banking platforms. It also maintains over 100 retail and commercial non-branch offices located both in the Companys banking footprint and in eleven other states and the District of Columbia. The Company operates in two segments: Consumer Banking and Commercial Banking. The Companys subsidiaries are Citizens Bank, N.A. (CBNA) and Citizens Bank of Pennsylvania (CBPA).

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