Large Inflow of Money Witnessed in DISH Network Corporation

Shares of DISH Network Corporation (NASDAQ:DISH) saw an erosion of -0.27 points in recent session. During the trading, the value of each share was $53.09, dropping -0.51%. The shares saw high fund-flow as the composite value of all the upticks was $28.55 million and the total value of all the downticks was a mere $25.52 million. The net money flow was seen at $3.03 million and the up/down ratio was measured at 1.12. On a weekly basis the shares of the shares have recorded a change of 0.17%.The block trade which occurred today had $10.64 million in upticks and $7.13 million in downticks with the up/down ratio climbing to 1.49. $3.51 million was the net money flow of the block transaction.


The stock has recorded a 20-day Moving Average of 2.24% and the 50-Day Moving Average is 8.6%. The company shares have dropped 24.48% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $71.06 and one year low was seen on February 11, 2016 at $38.85. The 50-day moving average is $49.49 and the 200 day moving average is recorded at $49.77. S&P 500 has rallied 1.93% during the last 52-weeks.

DISH Network Corporation (NASDAQ:DISH): The stock opened at $53.31 on Tuesday but the bulls could not build on the opening and the stock topped out at $53.44 for the day. The stock traded down to $52.12 during the day, due to lack of any buying support eventually closed down at $53.09 with a loss of -0.51% for the day. The stock had closed at $53.36 on the previous day. The total traded volume was 2,916,178 shares.

Currently the company Insiders own 49.4% of DISH Network Corporation shares according to the proxy statements. Institutional Investors own 45.73% of DISH Network Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -14.67%. On the companys insider trading activities, Dodge R Stanton, officer (EVP, Gen Counsel & Sec) of Dish Network Corp, unloaded 20,000 shares at an average price of $48.79 on May 31, 2016. The total amount of the transaction was worth $975,800, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

DISH Network Corporation is a holding company. The Company operates through two segments: DISH and Wireless. It offers a range of video services under the DISH brand, with access to a range of channels depending on the level of subscription. Its standard programming packages include programming provided by national broadcast networks, local broadcast networks and national and regional cable networks. It also offers programming packages that include sports channels, movie channels, and Latino and international programming. It also offers wireline voice and broadband services under the dishNET brand as a competitive local exchange carrier to consumers living in a 14 state region in the western United States. The Company also offers Sling TV, a live, linear streaming over-the-top (OTT) service, including 14 channels offered for a monthly subscription. The Company owns a range of wireless spectrum licenses and related assets. It owns 700 MHz Licenses, AWS-4 Licenses and H Block Licenses.

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