Shares of PNC Financial Services Group (The) (NYSE:PNC) Sees Large Outflow of Money

PNC Financial Services Group (The) (NYSE:PNC) surged 0.59% during the last session. The last traded price was up 0.5 points at $84.52. The data for the fund flow suggests that the net intraday money flow was $(-4.05) million. The fund value in upticks was recorded to be $36.64 million and in downticks, it was found to be $40.69 million. The up/down ratio for the day was measured to be 0.9. For the week, the shares have seen a percentage change of 1%.A block trade of $(1.51) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $1.51 million and that of downticks was $0 million. The block tradeoff had the up/down ratio of 0.


The stock has recorded a 20-day Moving Average of 3.68% and the 50-Day Moving Average is 2.71%. The company shares have dropped 15.13% in the past 52 Weeks. On July 23, 2015 The shares registered one year high of $100.52 and one year low was seen on February 11, 2016 at $77.67. The 50-day moving average is $87.15 and the 200 day moving average is recorded at $87.12. S&P 500 has rallied 1.93% during the last 52-weeks.

PNC Financial Services Group (The) (NYSE:PNC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $84.69 and $83.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $84.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $84.53, notching a gain of 0.61% for the day. The total traded volume was 3,023,120 . The stock had closed at $84.02 on the previous day.

Currently the company Insiders own 0.57% of PNC Financial Services Group (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 128.04% . Institutional Investors own 82.68% of PNC Financial Services Group (The) shares. During last six month period, the net percent change held by insiders has seen a change of 95.97%. On the companys insider trading activities, Bunch Charles E, director of Pnc Financial Services Group, Inc., executed a transaction worth $87,810 on May 2, 2016. A total of 1,000 shares were purchased at an average price of $87.81. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

The PNC Financial Services Group, Inc. is a diversified financial services company in the United States. The Company has businesses engaged in retail banking, corporate and institutional banking, asset management and residential mortgage banking, as well as other products and services in its primary geographic markets located in Pennsylvania, Ohio, New Jersey, Michigan, Illinois, Maryland, Indiana, North Carolina, Florida, Kentucky, Washington, D.C., Delaware, Virginia, Alabama, Missouri, Georgia, Wisconsin and South Carolina. The Company operates through six segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, Residential Mortgage Banking, BlackRock and Non-Strategic Assets Portfolio.

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