Large Outflow of Money Witnessed in Viad Corp

Viad Corp (NYSE:VVI) managed to eke out gains of 0.19% in intraday trade. The share price increased by 0.06 points to $31.86. Till last observation, the net money flow was recorded at a negative $(-1.69) million. The total inflow of $0.33 million in upticks was completely overshadowed by an outflow of $2.02 million in downticks, giving the up/down ratio a value of 0.16. The shares have seen a change of 0.41% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $0 million and the composite value in downticks was $1.55 million. The resultant up/down ratio for the block exchange was 0. The block trade had a negative money flow of $(-1.55) million.


Currently the company Insiders own 2.1% of Viad Corp shares according to the proxy statements. Institutional Investors own 88.46% of Viad Corp shares. 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 Viad Corp, Munzenrider Robert E had sold 2,730 shares worth of $74,010 in a transaction dated August 26, 2015. In this transaction, 2,730 shares were sold at $27.11 per share.

Viad Corp (NYSE:VVI) : On Monday heightened volatility was witnessed in Viad Corp (NYSE:VVI) which led to swings in the share price. The stock opened for trading at $31.76 and hit $32.25 on the upside , eventually ending the session at $31.86, with a gain of 0.19% or 0.06 points. The heightened volatility saw the trading volume jump to 96,931 shares. The 52-week high of the share price is $32.89 and the company has a market cap of $645 million. The 52-week low of the share price is at $25.01 .

Viad Corp (Viad) is engaged in the exhibition and events industry and the travel and recreation business. The Company serves clients in the United States, Canada, the United Kingdom, Germany and the United Arab Emirates. The Company operates two business groups: Marketing & Events Group and Travel & Recreation Group. The Marketing & Events Group is a global event marketing company that helps clients gain awareness, involvement and value from their trade show programs and other live events. The Travel & Recreation Group is an experiential leisure travel provider serving the needs of regional and long-haul visitors to natural and cultural destinations in North America. Its Travel and recreation services are provided by Brewster Inc. (Brewster), Glacier Park, Inc. (Glacier Park) and Alaskan Park Properties, Inc. (Alaska Denali Travel). Brewster and Alaska Denali Travel are wholly owned subsidiaries of Viad, and Glacier Park is an 80% owned subsidiary of Viad.

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