Shares of Reynolds American Inc (NYSE:RAI) Sees Large Outflow of Money

Reynolds American Inc (NYSE:RAI) : Money flow in the Reynolds American Inc (NYSE:RAI) stock was negative (10.04 million) on Wednesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $30.18 million, compared to $40.21 million on downticks. The total uptick to downtick ratio was 0.75, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($9.44 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $9.44 million, indicating persistent selling. Reynolds American Inc (NYSE:RAI) traded $0.64 higher at $52.89 gaining 1.22% over the previous days close.


In an insider trading activity, Cameron Susan M., director officer (President and CEO) of Reynolds American Inc, unloaded 105,766 shares at an average price of $49.88 on May 9, 2016. The total amount of the transaction was worth $5,275,608, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.11% of Reynolds American Inc shares according to the proxy statements. Institutional Investors own 47.79% of Reynolds American Inc shares. During last six month period, the net percent change held by insiders has seen a change of -37.78%.

The company shares have rallied 39.74% from its 1 Year high price. On Mar 10, 2016, the shares registered one year high at $52.54 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $50.67 and the 200 Day Moving Average price is recorded at $49.27. Reynolds American Inc (NYSE:RAI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $52.50 and $52.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.89, notching a gain of 1.22% for the day. The total traded volume was 5,445,337 . The stock had closed at $52.25 on the previous day.

Reynolds American Inc. (RAI) is a holding company. The Company operates through three segments: RJR Tobacco, American Snuff and Santa Fe. The RJR Tobacco segment consists principally of the primary operations of R. J. Reynolds Tobacco Company. The American Snuff segment consists of the primary operations of American Snuff Co. The Santa Fe segment consists of the domestic operations of Santa Fe Natural Tobacco Company Inc. (SFNTC). The Companys wholly owned subsidiaries include R. J. Reynolds Tobacco Company, American Snuff Company, LLC (American Snuff Co.), Lorillard, Inc., Santa Fe Natural Tobacco Company, Inc. (SFNTC), R. J. Reynolds Vapor Company (RJR Vapor), Niconovum USA, Inc. and Niconovum AB.

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