Shares of Credit Suisse Group (NYSE:CS) Sees Large Inflow of Net Money Flow

Credit Suisse Group (NYSE:CS) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $12.18 with a loss of -0.25 points or -2.01%. The net money flow was $2.33 million and the up/down ratio was 1.47. Approximately $7.25 million was the inflow in upticks and $4.92 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of -8.76%.The shares witnessed a block transaction with a net money flow of $2.13 million. The total money in uptick was $2.53 million and in downtick was $0.4 million with the up/down ratio reaching 6.39.


Institutional Investors own 2.28% of Credit Suisse Group shares.

Credit Suisse Group (NYSE:CS) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.34 points or 2.74% at $12.09 with 6,519,506 shares getting traded. Post opening the session at $12.07, the shares hit an intraday low of $12.05 and an intraday high of $12.4 and the price was in this range throughout the day. The company has a market cap of $23,532 million and the number of outstanding shares have been calculated to be 1,946,439,400 shares. The 52-week high of Credit Suisse Group (NYSE:CS) is $29.991 and the 52-week low is $12.05.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Barclays downgrades its rating on Credit Suisse Group (NYSE:CS). The rating major has initiated the coverage with equal-weight rating on the shares. Earlier, the shares were rated a Overweight by the brokerage firm. The rating by the firm was issued on June 9, 2016.

Credit Suisse Group AG (Credit Suisse) is a global financial services company. The Company operates in three segments: Private Banking & Wealth Management and Investment Banking. Private Banking & Wealth Management offers advice and a range of financial solutions to private, corporate and institutional clients. The Private Banking & Wealth Management comprises the Wealth Management Clients, Corporate & Institutional Clients and Asset Management businesses. Asset Management offers a range of investment products and solutions across asset classes and for all investment styles, serving governments, institutions, corporations and individuals across the world. Investment Banking offers investment banking and securities products and services to corporate, institutional and government clients around the world. Its products and services include debt and equity underwriting, sales and trading, M&A advice, divestitures, corporate sales, restructuring and investment research.

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