PNC Financial's most recent trend suggests a bullish bias. One trading opportunity on PNC Financial is a Bull Put Spread using a strike $207.50 short put and a strike $202.50 long put offers a potential 19.05% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $207.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock dropped below the $202.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for PNC Financial is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for PNC Financial is bullish.
The RSI indicator is at 69.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for PNC Financial
KREF 2022-FL3 Ltd. — Moody's assigns a rating to one class of notes issued by KREF 2022-FL3 Ltd.
Fri, 11 Feb 2022 02:46:06 +0000
Rating Action: Moody's assigns a rating to one class of notes issued by KREF 2022-FL3 Ltd.Global Credit Research – 10 Feb 2022New York, February 10, 2022 — Moody's Investors Service (“Moody's”) has assigned a rating to one class of notes to be issued by KREF 2022-FL3 Ltd. (the “Issuer”) as follows:Cl. A Notes, Definitive Rating Assigned Aaa (sf)The Cl. A notes are referred to herein as the “Rated Notes.”RATINGS RATIONALEThe rationale for the rating is based on our methodology and considers all relevant risks, particularly those associated with the CRE CLO's portfolio and structure.KREF 2022-FL3 Ltd. is a managed cash flow commercial real estate CLO (“CRE CLO”). For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
Progress Residential 2022-SFR1 Trust — Moody's assigns definitive ratings to Progress Residential 2022-SFR1 Trust
Thu, 10 Feb 2022 01:50:05 +0000
Rating Action: Moody's assigns definitive ratings to Progress Residential 2022-SFR1 TrustGlobal Credit Research – 09 Feb 2022New York, February 09, 2022 — Moody's Investors Service (“Moody's”) has assigned definitive ratings to four classes of certificates backed by one fixed-rate loan secured by mortgages on 2,390 single-family rental properties owned by Progress Residential (Progress) 2022-SFR1 Trust securitization.The complete rating action is as follows:Issuer: Progress Residential 2022-SFR1 Trust Cl. A, Assigned Aaa (sf) Cl. B, Assigned Aa3 (sf) Cl. C, Assigned A3 (sf) Cl. D, Assigned Baa3 (sf) RATINGS RATIONALE Overview The transaction's Aaa advance rate (the ratio of senior certificate to the Moody's Value) is 32.50%. Moody's uses the advance rate to determine whether the asset value is sufficient to support a targeted rating level given the size of the transaction's liabilities.Key Transaction FeaturesEnhanced structural features: The transaction structure has a multi-tier DSCR test and a payment-in-kind (PIK) feature for classes F, G and H. Similar to Progress 2021-SFR11 transaction, the PIKable certificates can receive partial interest payment even before the multi-tier DSCR test kicks in.
These Greater Philadelphia banks had the biggest 2021 increases in net income, stock price
Wed, 09 Feb 2022 17:52:17 +0000
An analyst explains the reasons behind such a strong year for the banking industry and why growth might slow in 2022.
Harris Williams Advises Pilot Freight Services on its Pending Sale to A.P. Moller – Maersk
Wed, 09 Feb 2022 13:50:00 +0000
RICHMOND, Va., February 09, 2022–Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Pilot Freight Services (Pilot), a portfolio company of ATL Partners (ATL) and British Columbia Investment Management Corporation (BCI), on its pending sale to A.P. Moller – Maersk (Maersk). Pilot is a leading U.S.-based last mile, middle mile, and border crossing solutions provider, specializing in the big and bulky freight segment for B2C and B2B distributi
Biondo Investment Advisors, LLC Buys Unity Software Inc, Coinbase Global Inc, PNC Financial …
Tue, 08 Feb 2022 18:38:10 +0000
Milford, PA, based Investment company Biondo Investment Advisors, LLC (Current Portfolio) buys Unity Software Inc, Coinbase Global Inc, PNC Financial Services Group Inc, sells Intuitive Surgical Inc, Reata Pharmaceuticals Inc, Teladoc Health Inc, Align Technology Inc, 10x Genomics Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Biondo Investment Advisors, LLC.
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