Cullen/Frost Bankers (CFR) Shares are Up 1.64%

Cullen/Frost Bankers (CFR) : Traders are bullish on Cullen/Frost Bankers (CFR) as it has outperformed the S&P 500 by a wide margin of 4.92% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.13%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.64% in the last 1 week, and is up 4.78% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 4.35% and the 50-Day Moving Average is 9.17%.The 200 Day SMA reached 23.13%. Cullen/Frost Bankers, Inc. is up 10.26% in the last 3-month period. Year-to-Date the stock performance stands at 26%.


Cullen/Frost Bankers (NYSE:CFR): After opening at $72.7, the stock dipped to an intraday low of $71.88 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $73.63 and the buying power remained strong till the end. The stock closed at $73.62 for the day, a gain of 1.66% for the day session. The total traded volume was 416,931. The stocks close on the previous trading day was $72.42.

Cullen/Frost Bankers, Inc. (Cullen/Frost) is a financial holding and a bank holding company. The Company, through its subsidiaries, offers commercial and consumer banking services, trust and investment management, mutual funds, investment banking, insurance, brokerage, leasing, treasury management and item processing services. The Company serves industries, including energy, manufacturing, services, construction, retail, telecommunications, healthcare, military and transportation, among others. The Company operates in two segments: Banking and Frost Wealth Advisors. The Banking segment includes commercial and consumer banking services, Frost Securities, Inc. and Frost Insurance Agency. Commercial banking services are provided to corporations and other business clients. Consumer banking services include direct lending and depository services. The Frost Wealth Advisors segment includes fee-based services within private trust, retirement services and financial management services.

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