Large Inflow of Money Witnessed in AT&T

AT&T (NYSE:T) witnessed a selling pressure and the shares last traded with a loss of -0.03 points or -0.07% at $40.75. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $2.17 million with an inflow of $6.91 million in upticks and an outflow of $4.74 million in downticks. Using the data, the up/down ratio is found to be 1.46. The share price has recorded 0.05% on a weekly basis.A block trade of $1.32 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $1.32, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 3.78% and the 50-Day Moving Average is 5.16%. The company shares have rallied 13.56% in the past 52 Weeks. On June 20, 2016 The shares registered one year high of $41.05 and one year low was seen on August 24, 2015 at $30.97. The 50-day moving average is $39.31 and the 200 day moving average is recorded at $37.29. S&P 500 has rallied 1.93% during the last 52-weeks.

AT&T (NYSE:T): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $40.83 and $40.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.31. The buying momentum continued till the end and the stock did not give up its gains. It closed at $41.07, notching a gain of 0.71% for the day. The total traded volume was 19,938,071 . The stock had closed at $40.78 on the previous day.

Currently the company Insiders own 0.07% of AT&T shares according to the proxy statements. Institutional Investors own 54.28% of AT&T shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of At&T Inc., Rose Matthew K had purchased shares worth of $749,593 in a transaction dated on August 6, 2015. A total of 21,950 shares were purchased at a price of $34.15 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

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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