Shares of Cigna Corporation (NYSE:CI) Sees Large Outflow of Money

Cigna Corporation (NYSE:CI) surged 0.09% during the last session. The last traded price was up 0.12 points at $127.96. The data for the fund flow suggests that the net intraday money flow was $(-4.56) million. The fund value in upticks was recorded to be $23.16 million and in downticks, it was found to be $27.72 million. The up/down ratio for the day was measured to be 0.84. For the week, the shares have seen a percentage change of -1.19%.A block trade of $(-5.32) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $5.32 million. The block tradeoff had the up/down ratio of 0.


The stock has recorded a 20-day Moving Average of 0.42% and the 50-Day Moving Average is 3.49%. The company shares have dropped 22.4% in the past 52 Weeks. On June 26, 2015 The shares registered one year high of $170.68 and one year low was seen on February 9, 2016 at $123.54. The 50-day moving average is $129.86 and the 200 day moving average is recorded at $136.19. S&P 500 has rallied 1.93% during the last 52-weeks.

Cigna Corporation (NYSE:CI): The stock opened at $127.85 on Tuesday but the bulls could not build on the opening and the stock topped out at $128.25 for the day. The stock traded down to $126.74 during the day, due to lack of any buying support eventually closed down at $127.79 with a loss of -0.04% for the day. The stock had closed at $127.84 on the previous day. The total traded volume was 1,077,054 shares.

Currently the company Insiders own 1.2% of Cigna Corporation shares according to the proxy statements. Institutional Investors own 88.88% of Cigna Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.71%. On the companys insider trading activities,The director officer (President & CEO) of Cigna Corp, Cordani David sold 71,006 shares at $139.16 on March 4, 2016. The Insider selling transaction had a total value worth of $9,881,195. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Cigna Corporation (Cigna), together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products and services. The Company operates in three segments: Global Health Care, Global Supplemental Benefits and Group Disability and Life. The Global Health Care segment aggregates the commercial and Government operating segments. The Global Supplemental Benefits segment offers supplemental health, life and accident insurance products. The Group Disability and Life segment provides group long-term and short-term disability insurance, group life insurance, accident and specialty insurance and related services. Cigna offers commercial health and dental insurance, Medicare and Medicaid products and health, life and accident insurance coverages to individuals. It offers personal accident insurance coverage, consisting of accidental death and dismemberment and travel accident insurance.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.