Large Inflow of Money Witnessed in Level 3 Communications

Level 3 Communications (NYSE:LVLT) dropped -0.04% or -0.02 points to trade at $51.53 per share. As per the latest trading data available, the net money flow stood at $3.97 million as the shares received $8.35 million in upticks and gave away $4.37 million in downticks. The final up/down ratio was at 1.91. On a weekly basis, the stock has seen a change of 0.61%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 0. $3.98 million was the inflow in upticks and $0 million was the outflow in downticks. For the block trade, the net money flow was $3.98 million.


The stock has recorded a 20-day Moving Average of 1.51% and the 50-Day Moving Average is 1.68%. The company shares have dropped 7.18% in the past 52 Weeks. On April 28, 2016 The shares registered one year high of $56.11 and one year low was seen on September 29, 2015 at $40.86. The 50-day moving average is $52.29 and the 200 day moving average is recorded at $51.14. S&P 500 has rallied 1.93% during the last 52-weeks.

Level 3 Communications (NYSE:LVLT): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.72 and $51.26 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $51.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.76, notching a gain of 0.41% for the day. The total traded volume was 1,598,373 . The stock had closed at $51.55 on the previous day.

Currently the company Insiders own 0.49% of Level 3 Communications shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.66% . During last six month period, the net percent change held by insiders has seen a change of -1.31%. On the companys insider trading activities,The officer (President and CEO) of Level 3 Communications Inc, Storey Jeffrey K sold 20,000 shares at $53.38 on June 1, 2016. The Insider selling transaction had a total value worth of $1,067,600. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Level 3 Communications, Inc. is a provider of a range of integrated communications services. The Companys operating segments include North America includes operations in Georgia, Colorado, Florida, Canada, New York, Arizona, Pennsylvania, Michigan and Oklahoma; Europe includes operations in England, Ireland, The Netherlands and France; The Latin America includes operations in Colombia, Argentina, Venezuela, Peru, Ecuador, Chile and Brazil. The Asia or Pacific includes operations in China, Singapore and Japan. The tw telecom inc. (tw telecom) is an indirect, wholly owned subsidiary of the Company. The Company offers services, which includes core network services and wholesale voice services. It offers products, which include core network services, including transport and fiber services, colocation and data center services, IP and data services, managed services, cloud and IT services, voice services and wholesale voice services, including voice termination and toll free.

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