Large Inflow of Money Detected in AT&T

AT&T (T) : The money flow analysis of AT&T (T) indicates a $61.76 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $130.88 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 2.12 and so was the total money flow at $69.12 million. A solid up-down ratio of 70.09 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $72.69 million worth of block trades on upticks. Only $1.04 million worth of the stock exchanged hands on downticks. The money flow was $71.65 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of AT&T (T), pushing it down by -0.25% for the day. The stock slid $0.11 and traded at $43.28 during the day. Nonetheless, the stock is 0.28% over the previous weeks close.


Shares of AT&T, Inc. rose by 0.21% in the last five trading days and 0.3% for the last 4 weeks. AT&T, Inc. is up 10.75% in the last 3-month period. Year-to-Date the stock performance stands at 29.79%.

AT&T (NYSE:T): The stock opened at $43.21 on Monday but the bulls could not build on the opening and the stock topped out at $43.32 for the day. The stock traded down to $43.02 during the day, due to lack of any buying support eventually closed down at $43.02 with a loss of -0.60% for the day. The stock had closed at $43.28 on the previous day. The total traded volume was 16,248,020 shares.

In a related news, Stankey John T, officer (CEO?AT&T Entertainment Group) of At&T Inc., unloaded 2,131 shares at an average price of $43.38 on July 22, 2016. The total amount of the transaction was worth $92,443, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

AT&T Inc. is a holding company. The Company provides telecommunications services. Its services and products include wireless communications, data/broadband and Internet services, video services, local exchange services, long-distance services, telecommunications equipment, managed networking and wholesale services. Its segments include Wireless, Wireline and International. Its wireless subsidiaries provide both wireless voice and data communication services. The wireline subsidiaries provide landline data and voice communication services, AT&T U-verse broadband, video and voice services (U-verse) and managed networking. Its International segment uses the Iusacell and Unefon regional and national networks to provide wireless data and voice communication services. Its International segment also utilizes the networks of Nextel Mexico to provide similar services. Through its subsidiary, DIRECTV Group Holdings, LLC, it provides pay television in the United States and across the world.

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