Credit Suisse Group (CS) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $4.58 million worth of transactions were on upticks, whereas, the downticks accounted for $3.03 million worth of transactions. The net money flow was a positive $1.56 million and the uptick to downtick ratio was 1.51. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 0.61 in their favor. The net money flow into the stock was $-0.36 million. The value of block trades done on downticks was only $0.93 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.57 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Credit Suisse Group (CS) was trading at $12, down $0.04 during day. The stock slid -0.29% over the previous days close. For the week, the stock recorded 6.06% over the previous weeks close.
Shares of Credit Suisse Group AG rose by 5.99% in the last five trading days and 6.27% for the last 4 weeks. Credit Suisse Group AG has dropped 6.38% during the last 3-month period . Year-to-Date the stock performance stands at -41.44%.
Credit Suisse Group (NYSE:CS): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.02 and $11.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.08. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.04, notching a gain of 0.08% for the day. The total traded volume was 2,680,691 . The stock had closed at $12.03 on the previous day.
Credit Suisse Group AG (Credit Suisse) is a global financial services company. The Company operates in three segments: Private Banking & Wealth Management and Investment Banking. Private Banking & Wealth Management offers advice and a range of financial solutions to private, corporate and institutional clients. The Private Banking & Wealth Management comprises the Wealth Management Clients, Corporate & Institutional Clients and Asset Management businesses. Asset Management offers a range of investment products and solutions across asset classes and for all investment styles, serving governments, institutions, corporations and individuals across the world. Investment Banking offers investment banking and securities products and services to corporate, institutional and government clients around the world. Its products and services include debt and equity underwriting, sales and trading, M&A advice, divestitures, corporate sales, restructuring and investment research.