Large Outflow of Money Witnessed in Royal Bank Of Canada

Royal Bank Of Canada (RY): The stock had negative money flow to the tune of ($7.62 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $13 million, whereas, the outflow of money on downticks was $20.62 million and the ratio between the two was 0.63. The block trade had a negative net money flow of ($5.23 million). On the other hand, downticks amounted to $5.23 million of the traded value, which shows distribution in the stock by traders. Royal Bank Of Canada (RY) closed with marginal gains of 110 cents to end the day at $60.66, an increase of 1.85% over the previous days close. The stock recorded 2.19% for the week.


Institutional Investors own 46.18% of Royal Bank Of Canada shares.

Shares of Royal Bank of Canada appreciated by 2.64% during the last five trading days but lost 1.48% on a 4-week basis. Royal Bank of Canada is up 3.22% in the last 3-month period. Year-to-Date the stock performance stands at 15.76%.

Royal Bank Of Canada (NYSE:RY): stock turned positive on Tuesday. Though the stock opened at $60.32, the bulls momentum made the stock top out at $60.95 level for the day. The stock recorded a low of $60.06 and closed the trading day at $60.66, in the green by 1.85%. The total traded volume for the day was 1,635,690. The stock had closed at $59.56 in the previous days trading.

Royal Bank of Canada (RBC) is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. It operates in five segments: Personal & Commercial Banking, which operates comprises its personal and business banking operations, as well as its auto financing and retail investment businesses; Wealth Management, which comprises Canadian Wealth Management, United States and International Wealth Management and Global Asset Management (GAM); Insurance, which operates under two business lines: Canadian Insurance and International Insurance; Investor & Treasury Services, which is a provider of asset servicing, custody, payments and treasury services, and Capital Markets, which comprises two business lines: Corporate and Investment Banking and Global Markets. It operates in three geographic segments: Canada, United States and Other International.

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