Large Inflow of Money Witnessed in Verizon Communications

Verizon Communications (NYSE:VZ) had a weak trading session and its shares were last down at $53.58, down -0.18% or -0.33 points. The trading data also revealed that the total net flow stood at $1.47 million as the shares had $12.29 million in upticks but lost $10.82 million in downticks. The up/down ratio was 1.14. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -0.37% in the shares.The block trade data suggests an inflow of $7.78 million in upticks and an outflow of $6.6 million in downticks. The up/down ratio for the block stood at 1.18. The net money flow for this transaction was recorded at $1.18.


The stock has recorded a 20-day Moving Average of 5.01% and the 50-Day Moving Average is 5.59%. The company shares have rallied 12.54% in the past 52 Weeks. On April 5, 2016 The shares registered one year high of $54.49 and one year low was seen on August 24, 2015 at $38.06. The 50-day moving average is $51.23 and the 200 day moving average is recorded at $50.06. S&P 500 has rallied 1.93% during the last 52-weeks.

Verizon Communications (NYSE:VZ): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.89 and $53.44 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.10, notching a gain of 0.63% for the day. The total traded volume was 11,893,002 . The stock had closed at $53.76 on the previous day.

Currently the company Insiders own 0.1% of Verizon Communications shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.85% . Institutional Investors own 64.58% of Verizon Communications shares. During last six month period, the net percent change held by insiders has seen a change of -17.65%. On the companys insider trading activities, Silliman Craig L., officer (EVP of PubPolicy & Gen Counsel) of Verizon Communications Inc, unloaded 672 shares at an average price of $49.8 on May 26, 2016. The total amount of the transaction was worth $33,466, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Verizon Communications Inc. (Verizon) is a holding company that, acting through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment includes the Cellco Partnership doing business as Verizon Wireless. Wireless communications products and services include wireless voice and data services and equipment sales, which are provided to consumer, business and government customers across the United States. Wirelines voice, data and video communications products and services include broadband video and data, corporate networking solutions, data center and cloud services, security and managed network services and local and long distance voice services. Verizon provides these products and services to consumers in the United States, as well as to carriers, businesses and government customers both in the United States and around the world.

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