Shares of Regions Financial Corporation (NYSE:RF) Sees Large Outflow of Money

Regions Financial Corporation (NYSE:RF) managed to stay afloat and traded higher with an addition of 0.01 point or 0.11% at $9.18. The money flow data is a negative $(-1.99) million with $7.35 million in upticks and $9.34 million in downticks. The intraday up/down ratio came in at 0.79. The shares have seen 0.99% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $2.88 million and the combined worth of the downticks was $5.35, Million, leading to the up/down ratio of 0.54. The block trade saw a net money flow of $(-2.46) million.


The stock has recorded a 20-day Moving Average of 3.95% and the 50-Day Moving Average is 0.61%. The company shares have dropped 14.78% in the past 52 Weeks. On July 23, 2015 The shares registered one year high of $10.87 and one year low was seen on February 11, 2016 at $7. The 50-day moving average is $9.43 and the 200 day moving average is recorded at $8.71. S&P 500 has rallied 1.93% during the last 52-weeks.

Regions Financial Corporation (NYSE:RF): The stock was completely flat for the day, closing at $9.17 on Tuesday. The flat closing masks the intraday volatility in the stock. After opening at $9.20, the stock touched an intraday high of $9.25 and a low of $9.06. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $9.17. The total trading volume on Tuesday was 13,159,236.

Currently the company Insiders own 0.88% of Regions Financial Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -23.56% . Institutional Investors own 74.02% of Regions Financial Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -11.27%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Jones Ellen S., officer (SEVP) of Regions Financial Corp, had unloaded 20,000 shares at an average price of $9.61 in a transaction dated on May 24, 2016. The total value of the transaction was worth $192,200.

Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. The Company carries out its business in three segments: Corporate Bank, Consumer Bank and Wealth Management. The Corporate Bank segment represents the Companys commercial banking functions, including commercial and industrial, commercial real estate and investor real estate lending. The Consumer Bank segment represents the Companys branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans and small business loans, among others. The Wealth Management segment offers individuals, businesses, Governmental institutions and non-profit entities a range of solutions to enable transfer of wealth.

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