Large Inflow of Money Witnessed in New York Community Bancorp

New York Community Bancorp (NYSE:NYCB) dropped by -0.13 or -0.02 points during the last session to $15.15 per share. One of the highlights of the day was the net money flow figure, which stood at $3.68 million even as the stock accepted $7.24 million in upticks but rejected $3.57 million in downticks. The up/down ratio for the last observation was a 2.03. The 1-week percentage change for the stock price is registered at 1.34%.A block transaction occurred with $3.02 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $3.02 million at the end of the block trade.


The stock has recorded a 20-day Moving Average of 1.33% and the 50-Day Moving Average is 0.02%. The company shares have dropped 18.79% in the past 52 Weeks. On October 28, 2015 The shares registered one year high of $19.18 and one year low was seen on August 24, 2015 at $14.26. The 50-day moving average is $15.13 and the 200 day moving average is recorded at $15.5. S&P 500 has rallied 1.93% during the last 52-weeks.

New York Community Bancorp (NYSE:NYCB): The stock opened at $15.17 on Tuesday but the bulls could not build on the opening and the stock topped out at $15.22 for the day. The stock traded down to $15.04 during the day, due to lack of any buying support eventually closed down at $15.15 with a loss of -0.13% for the day. The stock had closed at $15.17 on the previous day. The total traded volume was 3,552,913 shares.

Currently the company Insiders own 3.54% of New York Community Bancorp shares according to the proxy statements. Institutional Investors own 58.17% of New York Community Bancorp shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of New York Community Bancorp Inc, Ciampa Dominick had purchased shares worth of $144,800 in a transaction dated on May 4, 2016. A total of 10,000 shares were purchased at a price of $14.48 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

New York Community Bancorp, Inc. is a multi-bank holding company and has two primary subsidiaries: New York Community Bank (Community Bank) and New York Commercial Bank (Commercial Bank). The Community Bank is a New York State-chartered savings bank with 242 branches that operates through seven local divisions. The Community Bank is a producer of multi-family loans in New York City. In addition to multi-family loans, it originates commercial real estate loans (primarily in New York City, as well as Long Island and New Jersey) and, to a much lesser extent, acquisition, development, and construction (ADC) loans, and commercial and industrial (C&I) loans. The Commercial Bank is a New York State-chartered commercial bank with 30 branches in Manhattan, Queens, Brooklyn, Westchester County, and Long Island, including 18 that operate under the name Atlantic Bank. The Commercial Bank offers 24-hour banking online and by phone.

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