Capital One Financial Corporation (NYSE:COF) has tumbled 8.35% during the past week and has dropped 9.5% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 7.25%. Capital One Financial Corporation (NYSE:COF) has underperformed the index by 10.33% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Capital One Financial Corporation (NYSE:COF): The stock opened at $64.29 on Friday but the bulls could not build on the opening and the stock topped out at $64.80 for the day. The stock traded down to $63.81 during the day, due to lack of any buying support eventually closed down at $64.19 with a loss of -0.09% for the day. The stock had closed at $64.25 on the previous day. The total traded volume was 6,191,224 shares.
The company shares have dropped -27.40% from its 1 Year high price. On Jul 22, 2015, the shares registered one year high at $92.10 and the one year low was seen on Jan 25, 2016. The 50-Day Moving Average price is $70.48 and the 200 Day Moving Average price is recorded at $69.46.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Blackley Richard Scott, officer (Principal Accounting Officer) of Capital One Financial Corp, had unloaded 5,239 shares at an average price of $66.61 in a transaction dated on March 1, 2016. The total value of the transaction was worth $348,970.
Many analysts have stated their opinion on the company shares. Sterne Agee CRT downgrades its view on Capital One Financial Corporation (NYSE:COF) according to the research report released by the firm to its investors. The shares have now been rated Underperform by the stock experts at the ratings house. Earlier, the shares had a rating of Neutral. The rating by the firm was issued on June 8, 2016. Currently the company Insiders own 1.94% of Capital One Financial Corporation shares according to the proxy statements. Institutional Investors own 90.71% of Capital One Financial Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -22.5%.
Capital One Financial Corp is a diversified financial services holding company. The Company and its subsidiaries offer a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. In addition to bank lending, treasury management and depository services, the Company offers credit and debit card products, auto loans and mortgage banking in markets across the United States. The Company operates three primary business segments: Credit Card, Consumer Banking and Commercial Banking. The Companys principal subsidiaries include the following: Capital One Bank (USA), National Association (COBNA), which offers credit and debit card products, other lending products and deposit products, and Capital One, National Association (CONA), which offers a range of banking products and financial services to consumers, small businesses and commercial clients.