Large Inflow of Money Witnessed in Altria Group

Altria Group (NYSE:MO) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.11. The total value of inflow transactions on upticks was $74.49 million, whereas, the total value of outflow trades on downticks was $67.15 million. The total money flow was $7.34 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $13.94 million. The total value of the trades done on upticks was $15.85 million. Downticks saw transactions worth $1.9 million. The total uptick to downtick ratio stood at 8.33, mildly in favor of the bulls. Altria Group (NYSE:MO) was trading with a -0.09% change over previous days close. It fell $0.06 during the day and reached $67.85. The stock was 1.24% compared to the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Munoz George, director of Altria Group, Inc., had unloaded 12,571 shares at an average price of $62.85 in a transaction dated on May 20, 2016. The total value of the transaction was worth $790,087. Currently the company Insiders own 0.15% of Altria Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.88% . Institutional Investors own 62.91% of Altria Group shares. During last six month period, the net percent change held by insiders has seen a change of -8.88%.

The company shares have rallied 38.31% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $68.00 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $65.01 and the 200 Day Moving Average price is recorded at $61.81. Altria Group (NYSE:MO): The stock opened at $68.24 on Wednesday but the bulls could not build on the opening and the stock topped out at $68.42 for the day. The stock traded down to $67.52 during the day, due to lack of any buying support eventually closed down at $67.83 with a loss of -0.12% for the day. The stock had closed at $67.91 on the previous day. The total traded volume was 7,191,133 shares.

Altria Group, Inc. is a holding company. The Companys reportable segments include smokeable products, smokeless products and wine. As of December 31, 2014, Altria Group, Inc.s wholly owned subsidiaries included Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco, and is a wholly owned subsidiary of PM USA, and UST LLC (UST), which through its wholly owned subsidiaries, including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle) is engaged in the manufacture and sale of smokeless products and wine.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.