Large Inflow of Money Witnessed in Lloyds Banking Group Plc

Lloyds Banking Group Plc (NYSE:LYG): $1.92 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.36. The value of trades done on upticks was $7.2 million, whereas, trades done on downticks were valued at $5.29 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $2.18 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $1.17 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 1.86 was strongly in favor of the bulls. The money flow in block trades was $1.01 million. Lloyds Banking Group Plc (NYSE:LYG) fell $0.03 traded at $3.04, a change of -0.98% over the previous day. The stock is -8.71% for the week.


Currently the company Insiders own 0.01% of Lloyds Banking Group Plc shares according to the proxy statements. Institutional Investors own 1.57% of Lloyds Banking Group Plc shares.

The company shares have dropped -43.77% from its 1 Year high price. On Jul 20, 2015, the shares registered one year high at $5.54 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $3.96 and the 200 Day Moving Average price is recorded at $3.95. Lloyds Banking Group Plc (NYSE:LYG): The stock opened at $3.05 on Wednesday but the bulls could not build on the opening and the stock topped out at $3.07 for the day. The stock traded down to $3.02 during the day, due to lack of any buying support eventually closed down at $3.04 with a loss of -0.98% for the day. The stock had closed at $3.07 on the previous day. The total traded volume was 11,141,552 shares.

Lloyds Banking Group plc is engaged in providing financial services to individual and business customers in the United Kingdom and in certain locations overseas. The Company offers retail and commercial banking, and long-term savings, protection and investment. It operates through five segments: Retail, Commercial Banking, Consumer Finance, Insurance and TSB Banking Group plc (TSB). Retail segment provides banking, mortgages and other financial services to personal customers in the United Kingdom. Commercial Banking segment provides banking and related services to business clients. Consumer Finance segment provides asset finance and credit card products. Insurance segment provides long-term savings, protection and investment products, as well as general insurance products in the United Kingdom. TSB is engaged in retail banking business. Its services are offered through various brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.

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