Shares of BHP Billiton Limited (NYSE:BHP) Sees Large Outflow of Money

BHP Billiton Limited (NYSE:BHP) : Net money flow in BHP Billiton Limited (NYSE:BHP) was negative ($2.69 million) and the inflow of money on uptick was $9.33 million, whereas, the outflow of money on downticks amounted to $12.02 million on Wednesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.78. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $1.16 million. On the other hand, the total value of block trades done on downticks was $1.39 million. The ratio of uptick to downtick block trades was 0.83. The money flow in block trades was negative ($0.23). BHP Billiton Limited (NYSE:BHP) gained $0.68 cent during the day and reached $28.01, a gain of 2.49% over the previous day.


Currently the company Insiders own 0.02% of BHP Billiton Limited shares according to the proxy statements. Institutional Investors own 3.09% of BHP Billiton Limited shares.

The company shares have dropped -32.50% from its 1 Year high price. On Jul 2, 2015, the shares registered one year high at $41.70 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $27.51 and the 200 Day Moving Average price is recorded at $25.76. BHP Billiton Limited (NYSE:BHP): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.88 and $27.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.76, notching a gain of 1.57% for the day. The total traded volume was 4,962,141 . The stock had closed at $27.33 on the previous day.

BHP Billiton Limited is a global resources company. The Company is engaged in exploration, development, production, processing and marketing of minerals, such as iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash. It is also engaged in exploration, development, production and marketing of conventional and unconventional oil and gas. The Company operates through segments: Petroleum and Potash, Copper, Iron Ore and Coal. The Companys Petroleum and Potash segment is engaged in exploration, development and production of oil and gas and potash pre-development. The Copper segment is engaged in mining of copper, silver, lead, zinc, molybdenum, uranium and gold. The Iron Ore segment is engaged in mining of iron ore. The Coal segment is engaged in mining of metallurgical coal and thermal (energy) coal.

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