Raymond James Financial (NYSE:RJF) has been under a strong bear grip, hence the stock is down -6.84% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.6% in the past 1 week. The stock has risen by 2.9% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.33% in the past 4 weeks.
The company shares have dropped -16.04% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $61.82 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $52.22 and the 200 Day Moving Average price is recorded at $49.23.
The stock has recorded a 20-day Moving Average of 0.81% and the 50-Day Moving Average is 3.5%.
Raymond James Financial (NYSE:RJF): stock turned positive on Friday. Though the stock opened at $49.86, the bulls momentum made the stock top out at $50.53 level for the day. The stock recorded a low of $49.86 and closed the trading day at $50.04, in the green by 2.25%. The total traded volume for the day was 758,615. The stock had closed at $48.94 in the previous days trading.
In an insider trading activity, Zank Dennis W, officer (Chief Operating Officer) of Raymond James Financial Inc, unloaded 15,000 shares at an average price of $56.54 on June 6, 2016. The total amount of the transaction was worth $848,100, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Raymond James Financial, Inc., is a financial services company providing private client, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The Company operates in five reportable segments: Private Client Group; Capital Markets; Asset Management; RJ Bank, and the Other Segment. Private Client Group, offers securities transaction and financial planning services. Capital Markets, consist of equity, fixed income products and services. Asset Management, offers investment advisory services for individual and institutional investment portfolios, along with mutual funds. RJ Bank, provides corporate, SBL and residential loans, as well as FDIC insured deposit accounts, to clients of broker-dealer subsidiaries and to general public. Other Segment, includes principal capital and private equity activities, corporate overhead costs of Raymond James Financial such as interest cost on public debt, and the acquisition and integration costs.