Large Inflow of Money Witnessed in Philip Morris International Inc

Philip Morris International Inc (NYSE:PM) : $67.59 million worth of transactions were on upticks in Philip Morris International Inc (NYSE:PM), compared to $56.88 million on downticks. The ratio between the two was 1.19, whereas, the net money flow stood at a healthy $10.71 million on Wednesdays session.The block trades show a bullish bias with only $1.72 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $13.52million worth of trades. The up-down ratio between the uptick and downtick was 7.88, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $11.8 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.06%. The stock was trading at $98.48, with a drop of $0.06 over the previous days close. The stock recorded 0.79% for the week.


In an insider trading activity, Firestone Marc S, officer (Sr. VP & General Counsel) of Philip Morris International Inc., unloaded 18,000 shares at an average price of $97.06 on April 26, 2016. The total amount of the transaction was worth $1,747,080, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.25% of Philip Morris International Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.96% . Institutional Investors own 73.65% of Philip Morris International Inc shares. During last six month period, the net percent change held by insiders has seen a change of -8.78%.

The company shares have rallied 21.21% from its 1 Year high price. On May 12, 2016, the shares registered one year high at $102.55 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $100.08 and the 200 Day Moving Average price is recorded at $95.03. Philip Morris International Inc (NYSE:PM): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $98.81 and $98.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $99.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $98.62, notching a gain of 0.08% for the day. The total traded volume was 4,488,436 . The stock had closed at $98.54 on the previous day.

Philip Morris International Inc. is a holding company engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. The Companys products are sold in more than 180 markets, which include a range of international and local, premium, mid-price and low-price brands. Its premium price brands include Marlboro, Merit, Parliament and Virginia Slims; mid-price brands are L&M and Chesterfield, and international brands include Bond Street, Lark, Muratti, Next, Philip Morris and Red & White. Its local cigarette brands consist of Sampoerna, Dji Sam Soe and U Mild in Indonesia; Fortune, Champion and Hope in the Philippines; Diana in Italy; Optima and Apollo-Soyuz in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece, and Petra in the Czech Republic and Slovakia.

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