Capital One Financial Corporation (COF) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($51.87 million) and the uptick to downtick ratio was 0.29. The transaction value on upticks was $20.96 million and on downticks, the transaction value was $72.83 million. The transaction value of block trades during downticks was $51.12 million. The money flow was negative ($51.12 million), indicating the traders were booking profit on the price strength. Capital One Financial Corporation (COF) rose $0.7 at $70.33, during intraday Tuesday , a rise of 1.01% over the previous days close.
Also, In a research note released to the investors, Rafferty downgrades its rating on Capital One Financial Corporation (NYSE:COF).The analysts at the brokerage house have a current rating of Hold on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on July 25, 2016.
Shares of Capital One Financial Corporation rose by 2.24% in the last five trading days and 5.56% for the last 4 weeks. Capital One Financial Corporation has dropped 3.37% during the last 3-month period . Year-to-Date the stock performance stands at -0.78%.
Capital One Financial Corporation (NYSE:COF): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $69.68 and $69.63 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $70.33, notching a gain of 1.01% for the day. The total traded volume was 3,091,201 . The stock had closed at $69.63 on the previous day.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Principal Accounting Officer) of Capital One Financial Corp, Blackley Richard Scott had sold 5,239 shares worth of $348,970 in a transaction dated March 1, 2016. In this transaction, 5,239 shares were sold at $66.61 per share.
Capital One Financial Corp is a diversified financial services holding company. The Company and its subsidiaries offer a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. In addition to bank lending, treasury management and depository services, the Company offers credit and debit card products, auto loans and mortgage banking in markets across the United States. The Company operates three primary business segments: Credit Card, Consumer Banking and Commercial Banking. The Companys principal subsidiaries include the following: Capital One Bank (USA), National Association (COBNA), which offers credit and debit card products, other lending products and deposit products, and Capital One, National Association (CONA), which offers a range of banking products and financial services to consumers, small businesses and commercial clients.