Company Shares of M&T Bank Corporation (NYSE:MTB) Drops by -0.95%

M&T Bank Corporation (NYSE:MTB) : During the past 4 weeks, traders have been relatively bearish on M&T Bank Corporation (NYSE:MTB), hence the stock is down -2.94% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.2% relative to the S&P 500. The 4-week change in the price of the stock is -1.37% and the stock has fallen -0.95% in the past 1 week.

The company shares have dropped -8.93% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $134.00 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $116.81 and the 200 Day Moving Average price is recorded at $112.99.

The stock has recorded a 20-day Moving Average of 0.21% and the 50-Day Moving Average is 0.23%.


M&T Bank Corporation (NYSE:MTB): stock turned positive on Friday. Though the stock opened at $115.96, the bulls momentum made the stock top out at $116.74 level for the day. The stock recorded a low of $115.38 and closed the trading day at $115.94, in the green by 1.52%. The total traded volume for the day was 711,254. The stock had closed at $114.2 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Bojdak Robert J, officer (Executive Vice President) of M&T Bank Corp, had unloaded 1,703 shares at an average price of $117.1 in a transaction dated on June 3, 2016. The total value of the transaction was worth $199,421.

M&T Bank Corporation (M&T) is a bank holding company for M&T Bank and Wilmington Trust, National Association (Wilmington Trust, N.A.). The Companys segments include Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking. The Business Banking segment provides deposit, lending, cash management and other financial services. The Commercial Banking segment offers credit products and banking services for middle-market and commercial customers. Its Commercial Real Estate segment provides credit and deposit services. The Discretionary Portfolio segment includes investment and trading securities, loans and other assets, and borrowed funds. The Residential Mortgage Banking segment originates and services residential mortgage loans. The Retail Banking segment offers a range of services to consumers through delivery channels. It operates over 800 retail and commercial branches, and 1,600 automated teller machines.

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