Capital One Financial Corporation (COF) had a light trading with around 2.15M shares changing hands compared to its three month average trading volume of 2.99M. The stock traded between $88.7 and $90.5 before closing at the price of $90.18 with 1.29% change on the day. The McLean Virginia 22102 based company is currently trading 57.93% above its 52 week low of $58.03 and -1.14% below its 52 week high of $91.64. Both the RSI indicator and target price of 59.84 and $98.75 respectively, lead us to believe that it should be put on hold over the coming weeks.
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking. The company offers various non-interest bearing and interest-bearing deposits, such as demand deposits, money market deposits, time deposits, negotiable order of withdrawal accounts, and savings accounts. It also provides credit card loans and installment loans; auto, home, and retail banking loans; and commercial and multifamily real estate, commercial and industrial, and small-ticket commercial real estate loans. In addition, the company offers credit and debit card products; online direct banking services; and treasury management and depository services. It serves consumers, small businesses, and commercial clients through the Internet and other distribution channels, as well as through branches located in New York, Louisiana, Texas, Maryland, Virginia, New Jersey, and the District of Columbia. The company was founded in 1993 and is headquartered in McLean, Virginia. Capital One Financial Corporation (NYSE:COF) operates independently of Signet Banking Corp. as of February 28, 1995.
Tyson Foods, Inc. (TSN) failed to extend gains with the stock declining -0.46% or $-0.3 to close the day at $65 on light trading volume of 2M shares, compared to its three month average trading volume of 3.9M. The Springdale Arkansas 72762 based company has been outperforming the meat products group over the past 52 weeks, with the stock gaining 6.26%, compared to the industry which has dropped -1.29% over the same period. With RSI of 58.45, the stock should still continue to rise and get closer to its one year target estimate of $70.33, making it a hold for now.
Tyson Foods, Inc., together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Chicken, Beef, Pork, and Prepared Foods. The company raises and processes chickens into fresh, frozen, and value-added chicken products; processes live fed cattle and live market hogs; and fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully-cooked meats. It also supplies poultry breeding stock; sells allied products, such as hide and meats; and manufactures and markets frozen and refrigerated food products, including pepperoni, bacon, breakfast sausage, turkey, lunchmeat, hot dogs, pizza crusts and toppings, flour and corn tortilla products, desserts, appetizers, snacks, prepared meals, ethnic foods, soups, sauces, side dishes, meat dishes, breadsticks, and processed meats. Tyson Foods, Inc. offers its products primarily under the Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Van’s, Sara Lee, Chef Pierre, Wright, Aidells, State Fair, Gallo Salame, and Golden Island brands. The company sells its products through its sales staff to grocery retailers, grocery wholesalers, meat distributors, warehouse club stores, military commissaries, industrial food processing companies, chain restaurants or their distributors, live markets, international export companies, and domestic distributors, as well as through independent brokers and trading companies. Tyson Foods, Inc. was founded in 1935 and is headquartered in Springdale, Arkansas.
Viacom, Inc. (VIAB) shares were up in last trading by 1.84% to $44.25. It experienced higher than average volume on day. The stock increased in value by almost 6.19% over the past week and grew 14.34% in the past month. It is currently trading 15.03% above its 50 day moving average and 11.84% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -4.15% decrease in value from its one year high of $46.69. The RSI indicator value of 78.81, lead us to believe that it may reverse gains in the near term.
Viacom, Inc. operates as media brand worldwide. The company creates television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences, and other entertainment content for audiences. It operates through two segments, Media Networks and Filmed Entertainment. The Media Networks segment provides entertainment content and related branded products for consumers through approximately 250 locally programmed and operated TV channels, including Nickelodeon, Comedy Central, MTV, VH1, SPIKE, BET, CMT, TV Land, Nick at Nite, Nick Jr., Channel 5 (UK), Logo, Nicktoons, TeenNick, Paramount Channel, and others, as well as through online, mobile, and apps. The Filmed Entertainment segment produces, finances, acquires, and distributes motion pictures, television programming, and other entertainment content under the Paramount Pictures, Paramount Animation, Nickelodeon Movies, MTV Films, and Paramount Television brands; and distributes films released under the Paramount Vantage, Paramount Classics, and Insurge Pictures brands. This segment exhibits motion pictures theatrically through home entertainment, licensing to television and digital platforms, and ancillary activities. The company releases its content through download-to-own, download-to-rent, DVDs, Blu-ray discs, transactional video-on-demand, pay television, subscription video-on-demand, basic cable television, free television, and free video-on-demand, as well as airlines and hotels. Viacom, Inc. is headquartered in New York, New York.