Large Inflow of Money Witnessed in Itau Unibanco Banco Holding SA

Itau Unibanco Banco Holding SA (NYSE:ITUB) witnessed a selling pressure and the shares last traded with a loss of -0.02 points or -0.23% at $8.62. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $3.44 million with an inflow of $10.5 million in upticks and an outflow of $7.06 million in downticks. Using the data, the up/down ratio is found to be 1.49. The share price has recorded 2.5% on a weekly basis.A block trade of $5.38 million in uptick and $1.87 million in downtick was also observed, resulting in an up/down ratio of 2.88. The net money flow of the block trade stood at a $3.51, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 2.08% and the 50-Day Moving Average is 2.11%. The company shares have dropped 23.4% in the past 52 Weeks. On June 24, 2015 The shares registered one year high of $11.38 and one year low was seen on January 21, 2016 at $5.48. The 50-day moving average is $8.58 and the 200 day moving average is recorded at $7.68. S&P 500 has rallied 1.93% during the last 52-weeks.

Itau Unibanco Banco Holding SA (NYSE:ITUB): The stock opened at $8.62 on Tuesday but the bulls could not build on the opening and the stock topped out at $8.64 for the day. The stock traded down to $8.40 during the day, due to lack of any buying support eventually closed down at $8.59 with a loss of -0.58% for the day. The stock had closed at $8.64 on the previous day. The total traded volume was 13,258,829 shares.

Institutional Investors own 4.87% of Itau Unibanco Banco Holding SA shares.

Itau Unibanco Holding S.A. (Itau Unibanco Holding) is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil. It operates in four segments: Commercial Bank-Retail, which offers a range of banking services for retail individuals or clients and for companies, including services, such as asset management, investor services, insurance, private pension plans and credit cards issued to account holders; Consumer Credit-Retail, which offers financial products and services to account holders, such as vehicle financing, credit card transactions and consumer financing; Wholesale Bank, which offers wholesale products and services to large and medium-sized companies, as well as investment bank activities and The Activities with the Market and Corporation segment manages the interest income associated with ITAU UNIBANCO HOLDING capital surplus, subordinated debt surplus and the net balance of tax credits and debits.

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