Large Inflow of Money Witnessed in Viacom

Viacom (NASDAQ:VIAB) : The money flow analysis of Viacom (NASDAQ:VIAB) indicates a $1.53 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $4.3 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 2.81 and so was the total money flow at $2.77 million. The bulls lapped up $2.13 million worth of block trades on upticks. The money flow was $2.13 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Viacom (NASDAQ:VIAB), pushing it down by -0.42% for the day. The stock slid $0.17 and traded at $39.86 during the day. Nonetheless, the stock is -2.71% over the previous weeks close.


Currently the company Insiders own 0.65% of Viacom shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -66.84% . Institutional Investors own 76.41% of Viacom shares. During last six month period, the net percent change held by insiders has seen a change of -47.45%.

The company shares have dropped -38.04% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $65.47 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $42.17 and the 200 Day Moving Average price is recorded at $40.56. Viacom (NASDAQ:VIAB): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $40.18 and $39.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.87. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.36, notching a gain of 0.82% for the day. The total traded volume was 5,294,244 . The stock had closed at $40.03 on the previous day.

Viacom Inc. (Viacom) is an entertainment content company that connects with audiences in over 160 countries and territories and creates compelling television programs, motion pictures, short-form video, applications, games, consumer products, social media and other entertainment content. The Company operates through two segments: Media Networks and Filmed Entertainment. Viacom Media Networks program services reached approximately 700 million households in over 160 countries. Viacom Media Networks operates the international extensions of the multimedia brands MTV, VH1, Nickelodeon, Comedy Central and BET, as well as certain program services. The Companys Filmed Entertainment segment produces, finances, acquires and distributes motion pictures and other entertainment content. under the Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films and Nickelodeon Movies brands.

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