Large Inflow of Money Detected in Exxon Mobil Corporation

Exxon Mobil Corporation (XOM) : Exxon Mobil Corporation (XOM) had a healthy money flow of $9.29 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $84.14 million, whereas, investors only sold shares worth $74.85 million on downticks. The stock closed the day with an up-down ratio of 1.12.The money flow in the block trades to the tune of $8.91 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $8.91 million worth of transactions were on upticks. Exxon Mobil Corporation (XOM) stock slid $0.3 intraday and traded at 87.54, a change of -0.34% over previous days close. However, for the week, the company shares are 0.31% compared to previous weeks close.


Also, In a research note released to the investors, UBS maintains its rating on Exxon Mobil Corporation (NYSE:XOM).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, UBS lowers the new price target from $90 per share to $86 per share. The rating by the firm was issued on August 1, 2016.

Exxon Mobil Corporation has dropped 0.23% in the last five trading days, however, the shares have posted positive gains of 2.8% in the last 4 weeks. Exxon Mobil Corporation has dropped 1.09% during the last 3-month period . Year-to-Date the stock performance stands at 15.22%.

Exxon Mobil Corporation (NYSE:XOM): The stock opened at $87.87 on Tuesday but the bulls could not build on the opening and the stock topped out at $88.25 for the day. The stock traded down to $87.37 during the day, due to lack of any buying support eventually closed down at $87.52 with a loss of -0.36% for the day. The stock had closed at $87.84 on the previous day. The total traded volume was 6,441,118 shares.

In a related news, Corson Bradley W, officer (Vice President) of Exxon Mobil Corp, unloaded 6,000 shares at an average price of $90.81 on June 7, 2016. The total amount of the transaction was worth $544,860, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas. The Company is involved in the manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a variety of specialty products. The Companys projects include the Kearl project, Heidelberg project, the Point Thomson project, the Hadrian South project, the Lucius project, the Chirag Oil project, the Tapis Enhanced Oil Recovery project, the Damar project, and the Barzan project, among others. The Company is conducting its operations and projects in the United States, Asia, Africa, Canada/South America, Europe and Australia/Oceania.

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