Large Inflow of Money Witnessed in Marathon Petroleum Corporation

Marathon Petroleum Corporation (NYSE:MPC) dropped slightly amid mild profit booking and the last known price was $34.36 per share. The price decreased by -0.23 points or -0.66% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $2.24 million. The total upticks were valued at $4.09 million and the total downticks aggregated to $1.85 million, thereby putting the up/down ratio at 2.22,. The shares have seen a change in the share price of 2.57% on a weekly basis.In a big block trade which occurred today, the total uptick value was $2.09 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $2.09 million.


The stock has recorded a 20-day Moving Average of 0.04% and the 50-Day Moving Average is 4.05%. The company shares have dropped 33.72% in the past 52 Weeks. On July 13, 2015 The shares registered one year high of $60.38 and one year low was seen on February 9, 2016 at $29.24. The 50-day moving average is $35.61 and the 200 day moving average is recorded at $39.44. S&P 500 has rallied 1.93% during the last 52-weeks.

Marathon Petroleum Corporation (NYSE:MPC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.61 and $34.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.38. The buying momentum continued till the end and the stock did not give up its gains. It closed at $35.20, notching a gain of 1.76% for the day. The total traded volume was 5,464,015 . The stock had closed at $34.59 on the previous day.

Currently the company Insiders own 1.03% of Marathon Petroleum Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 84.14% . Institutional Investors own 79.59% of Marathon Petroleum Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 84.14%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Marathon Petroleum Corp, Davis Steven A, had purchased 1,500 shares in a transaction dated on May 26, 2016. The transaction was executed at $34.7 per share with total amount equaling $52,050.

Marathon Petroleum Corporation (MPC) is engaged petroleum product refining, marketing, retail and transportation businesses. It has three segments: Refining & Marketing, which refines crude oil and other feedstocks at its seven refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products; Speedway, which sells transportation fuels and convenience products in the retail market in the Midwest, East Coast and Southeast, and Pipeline Transportation, which transports crude oil and other feedstocks to its refineries and other locations, delivers refined products to wholesale and retail market areas and includes the aggregated operations of MPLX LP.

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