Shares of Capital One Financial Corporation (NYSE:COF) Sees Large Outflow of Money

Capital One Financial Corporation (NYSE:COF) : The total negative money flow of $13.5 million on Wednesday indicates selling on strength. The inflow of money on upticks was $45.72 million, compared to $59.23 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.77. The negative money flow of $17.73 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 $4.02 million in a block trade.The transaction value of block trade on downtick was $21.75 million. The uptick to downtick ratio was 0.18. The price action in the Capital One Financial Corporation (NYSE:COF) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $61.92 with a gain of $2.26 , a change of 3.79% over the previous days close. The stock registered 0.06% for the week.


In an insider trading activity,The officer (Principal Accounting Officer) of Capital One Financial Corp, Blackley Richard Scott sold 5,239 shares at $66.61 on March 1, 2016. The Insider selling transaction had a total value worth of $348,970. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1.94% of Capital One Financial Corporation shares according to the proxy statements. Institutional Investors own 90.6% 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%.

The company shares have dropped -32.66% 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 Jun 27, 2016. The 50-Day Moving Average price is $68.74 and the 200 Day Moving Average price is recorded at $68.52. Capital One Financial Corporation (NYSE:COF): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $60.57 and $60.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $61.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $61.92, notching a gain of 3.79% for the day. The total traded volume was 4,470,679 . The stock had closed at $59.66 on the previous day.

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.

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