Shares of Ambev S.A. (NYSE:ABEV) Sees Large Outflow of Money

Ambev S.A. (NYSE:ABEV) : The total money flow in Ambev S.A. (NYSE:ABEV) was negative ($6.08 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $14.74 million. Transactions on upticks were comparatively lower at $8.66 million. The uptick to downtick ratio was 0.59. The total block trades done on upticks were valued at $3.5 million. The total block trades on downticks were valued at $9.52 million. The uptick to the downtick ratio of block trades was 0.37. The money flow during block trades was negative ($6.02 million) when the stock traded with a gain of $22 cent. Ambev S.A. (NYSE:ABEV) was $5.84, an increase of 3.91% over the previous days close.


Institutional Investors own 7.16% of Ambev S.A. shares.

The company shares have dropped -7.57% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $6.30 and the one year low was seen on Jan 21, 2016. The 50-Day Moving Average price is $5.38 and the 200 Day Moving Average price is recorded at $4.94. Ambev S.A. (NYSE:ABEV): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.74 and $5.74 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.84, notching a gain of 3.91% for the day. The total traded volume was 14,212,824 . The stock had closed at $5.62 on the previous day.

Ambev SA, known as Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewers sector. Ambev produces, distributes and sell beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated products across the Americas. The Company conducts its operations through three business units: Latin America North includes its operations in Brazil, where Ambev operates two divisions: beer sales (Beer Brazil) and carbonated soft drinks and non-alcoholic non-carbonated sales (CSD & NANC Brazil), and its Hispanic Latin America Operations, Excluding Latin America South (HILA-Ex), which includes its operations in the Dominican Republic, Venezuela, Ecuador, Guatemala (which also serves El Salvador and Nicaragua) and Peru; Latin America South includes its operations in Argentina, Bolivia, Paraguay, Uruguay and Chile, and Canada, among others.

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