Large Inflow of Money Witnessed in Fifth Third Bancorp

Shares of Fifth Third Bancorp (NASDAQ:FITB) saw an erosion of -0.05 points in recent session. During the trading, the value of each share was $18.36, dropping -0.24%. The shares saw high fund-flow as the composite value of all the upticks was $16.49 million and the total value of all the downticks was a mere $10.07 million. The net money flow was seen at $6.42 million and the up/down ratio was measured at 1.64. On a weekly basis the shares of the shares have recorded a change of 0.8%.The block trade which occurred today had $8.1 million in upticks and $1.52 million in downticks with the up/down ratio climbing to 5.33. $6.58 million was the net money flow of the block transaction.


The stock has recorded a 20-day Moving Average of 0.99% and the 50-Day Moving Average is 1.37%. The company shares have dropped 15.17% in the past 52 Weeks. On July 21, 2015 The shares registered one year high of $21.93 and one year low was seen on February 11, 2016 at $13.84. The 50-day moving average is $18.23 and the 200 day moving average is recorded at $17.61. S&P 500 has rallied 1.93% during the last 52-weeks.

Fifth Third Bancorp (NASDAQ:FITB): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.45 and $18.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.41, notching a gain of 0.05% for the day. The total traded volume was 10,842,748 . The stock had closed at $18.40 on the previous day.

Currently the company Insiders own 0.99% of Fifth Third Bancorp shares according to the proxy statements. Institutional Investors own 82.02% of Fifth Third Bancorp shares. On the companys insider trading activities, The officer (EVP & Chief Risk & Credit Off), of Fifth Third Bancorp, Forrest Frank R. had unloaded 6,702 shares at $20.47 per share in a transaction on November 24, 2015. The total value of transaction was $137,190. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Fifth Third Bancorp is a bank holding company. The Companys subsidiary, Fifth Third Bank, provide a range of financial products and services to the retail, commercial, financial, governmental, educational and medical sectors, and credit products, such as credit cards, installment loans, mortgage loans and leases. The Company operates in four business segments: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors. Commercial Banking offers credit intermediation, cash management and financial services to market businesses and Government, and professional customers. Branch Banking provides a range of deposit and loan and lease products to individuals and businesses through approximately 1,302 Banking Centers. Consumer Lending includes its mortgage, home equity, automobile and other indirect lending activities. Investment Advisors provides a range of investment alternatives for individuals, companies and not-for-profit organizations.

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