Large Inflow of Money Witnessed in General Motors Company

General Motors Company (NYSE:GM) : $9.62 million worth of transactions were on upticks in General Motors Company (NYSE:GM), compared to $4.36 million on downticks. The ratio between the two was 2.21, whereas, the net money flow stood at a healthy $5.26 million on Wednesdays session. The consistent buying on upticks in the stock accounted for $5.52million worth of trades. The total money flow into the stock stood at $5.52 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.22%. The stock was trading at $27.68, with a drop of $0.06 over the previous days close. The stock recorded -2.36% for the week.


In an insider trading activity, The officer (Executive Vice President), of General Motors Co, Deluca James B. had unloaded 10,374 shares at $31.48 per share in a transaction on May 27, 2016. The total value of transaction was $326,574. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.04% of General Motors Company shares according to the proxy statements. Institutional Investors own 73.98% of General Motors Company shares. During last six month period, the net percent change held by insiders has seen a change of -79.93%.

The company shares have dropped -16.04% from its 1 Year high price. On Nov 30, 2015, the shares registered one year high at $36.88 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $29.99 and the 200 Day Moving Average price is recorded at $30.65. General Motors Company (NYSE:GM): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.00 and $27.60 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.17, notching a gain of 1.55% for the day. The total traded volume was 10,644,071 . The stock had closed at $27.74 on the previous day.

General Motors Company (General Motors) designs, builds and sells cars, trucks and automobile parts across the world. The Company also provides automotive financing services through General Motors Financial Company, Inc. (GM Financial). The Companys four automotive segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO) and GM South America (GMSA). The Company also sells cars and trucks to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies and governments. The Company offers 13 FlexFuel vehicles in the United States for the 2015 model year plus an additional four models to fleet and commercial customers capable of operating on gasoline, E85 ethanol or any combination of the two.

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