Large Inflow of Money Witnessed in Bristow Group Inc

Bristow Group Inc (NYSE:BRS) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.27. The total value of inflow transactions on upticks was $2.97 million, whereas, the total value of outflow trades on downticks was $2.34 million. The total money flow was $0.63 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.55 million. The total value of the trades done on upticks was $0.55 million. Bristow Group Inc (NYSE:BRS) was trading with a -2.05% change over previous days close. It fell $0.24 during the day and reached $11.49. The stock was -13.02% compared to the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Bristow Group Inc, Flick Michael A had purchased shares worth of $91,256 in a transaction dated on June 7, 2016. A total of 5,578 shares were purchased at a price of $16.36 per share. The information is based on open market trades at the market prices.Option exercises are not covered. Currently the company Insiders own 9.6% of Bristow Group Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 39.49% . During last six month period, the net percent change held by insiders has seen a change of 74.4%.

The company shares have dropped -77.64% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $53.63 and the one year low was seen on May 26, 2016. The 50-Day Moving Average price is $14.49 and the 200 Day Moving Average price is recorded at $18.48. Bristow Group Inc (NYSE:BRS): The stock opened at $12.09 on Wednesday but the bulls could not build on the opening and the stock topped out at $12.09 for the day. The stock traded down to $11.20 during the day, due to lack of any buying support eventually closed down at $11.49 with a loss of -2.05% for the day. The stock had closed at $11.73 on the previous day. The total traded volume was 1,175,478 shares.

Bristow Group Inc. is a provider of helicopter services to the offshore energy industry with global operations. The Company has transportation operations in the North Sea, Nigeria and the United States Gulf of Mexico, and in most of the other offshore energy producing regions of the world, including Australia, Brazil, Canada, Russia and Trinidad. It provides private sector search and rescue (SAR) services in Australia, Canada, Norway, Russia and Trinidad, and provides public sector SAR services in North Scotland on behalf of the Maritime & Coastguard Agency. It conducts its business in the Helicopter Services segment. Its Helicopter Services segment operations are conducted primarily through five business units: Europe, West Africa, North America, Australia and Other International. It provides helicopter services to a base of integrated, national and independent offshore energy companies. It also operates a training business unit, Bristow Academy and provides technical services.

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