Shares of Synchrony Financial (NYSE:SYF) Sees Large Inflow of Net Money Flow

Synchrony Financial (NYSE:SYF) dropped -1.23% or -0.38 points to trade at $30.42 per share. As per the latest trading data available, the net money flow stood at $7.26 million as the shares received $28.1 million in upticks and gave away $20.84 million in downticks. The final up/down ratio was at 1.35. On a weekly basis, the stock has seen a change of -0.98%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 2.26. $16.11 million was the inflow in upticks and $7.13 million was the outflow in downticks. For the block trade, the net money flow was $8.97 million.


Currently the company Insiders own 0.02% of Synchrony Financial shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -0.37% . Institutional Investors own 88.72% of Synchrony Financial shares. During last six month period, the net percent change held by insiders has seen a change of -0.37%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Doubles Brian D, officer (See remarks) of Synchrony Financial, had unloaded 1,000 shares at an average price of $30 in a transaction dated on May 24, 2016. The total value of the transaction was worth $30,000.

Synchrony Financial (NYSE:SYF) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.36 points or 1.17% at $30.44 with 5,938,196 shares getting traded. Post opening the session at $30.66, the shares hit an intraday low of $30.4 and an intraday high of $30.89 and the price was in this range throughout the day. The company has a market cap of $25,385 million and the number of outstanding shares have been calculated to be 833,920,400 shares. The 52-week high of Synchrony Financial (NYSE:SYF) is $36.4 and the 52-week low is $23.74.

Many analysts have stated their opinion on the company shares. Macquarie initiates coverage on Synchrony Financial (NYSE:SYF). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on May 11, 2016.

Synchrony Financial (Synchrony) is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Companys revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit. The Company offers two types of credit cards: private label credit cards and Dual Cards. It offers its credit products through its wholly owned subsidiary, Synchrony Bank (the Bank). Through the Bank, it offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC), including certificates of deposit, individual retirement accounts (IRAs), money market accounts and savings accounts, under its Optimizer+Plus brand.

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