Large Outflow of Money Witnessed in United Community Banks, Inc.

United Community Banks, Inc. (UCBI) surged 0.75% during the last session. The last traded price was up 0.21 points at $28.34. The data for the fund flow suggests that the net intraday money flow was $(-1.3) million. The fund value in upticks was recorded to be $0.6 million and in downticks, it was found to be $1.9 million. The up/down ratio for the day was measured to be 0.32. For the week, the shares have seen a percentage change of -0.94%.A block trade of $(-1.37) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $1.37 million. The block tradeoff had the up/down ratio of 0.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

United Community Banks, Inc. has lost 3.21% in the last five trading days and dropped 5.23% in the last 4 weeks. United Community Banks, Inc. is up 30.49% in the last 3-month period. Year-to-Date the stock performance stands at -5.23%. United Community Banks, Inc. (NASDAQ:UCBI) witnessed a decline in the market cap on Wednesday as its shares dropped 0.21% or 0.06 points. After the session commenced at $28.54, the stock reached the higher end at $28.83 while it hit a low of $28. With the volume soaring to 365,561 shares, the last trade was called at $28.07. The company has a 52-week high of $30.47. The company has a market cap of $2,025 million and there are 72,157,906 shares in outstanding. The 52-week low of the share price is $15.74.

Company has reported several Insider transactions to the SEC, on May 9, 2016, Nicholas B Paumgarten (director) sold 7,300,047 shares at 19.66 per share price.On Jun 12, 2015, Bradley J Miller (EVP, CRO & GENERAL COUNSEL) sold 1,500 shares at 19.55 per share price.On May 27, 2015, W C Jr Nelson (director) purchased 5,000 shares at 18.80 per share price.

United Community Banks Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.40 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.38. The company had revenue of $106.20 million for the quarter, compared to analysts expectations of $106.55 million. The companys revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.United Community Banks was Downgraded by Keefe Bruyette to Mkt Perform on Nov 29, 2016.


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