Shares of City Holding Company (NASDAQ:CHCO) Sees Large Outflow of Money

City Holding Company (NASDAQ:CHCO) traded higher in the last at $47.21, gaining 0.21 points or 0.45%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-1.17) million. The composite uptick value of $0.14 million was eclipsed by the accrued downtick value of $1.32 million, thereby ensuring the up/down ratio of 0.11. For the week, the shares have posted returns of 1.16%.A block trade registered during the day has revealed $0 million in upticks and $1.18 million in downticks. The up/down ratio in this case turned out to be 0. The net money flow for the block trade was $(-1.18) million.


The stock has recorded a 20-day Moving Average of 2.9% and the 50-Day Moving Average is 2.44%. The company shares have dropped 5.03% in the past 52 Weeks. On July 16, 2015 The shares registered one year high of $52.28 and one year low was seen on January 25, 2016 at $40.74. The 50-day moving average is $48.33 and the 200 day moving average is recorded at $46.19. S&P 500 has rallied 1.93% during the last 52-weeks.

City Holding Company (NASDAQ:CHCO): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $47.10 and $46.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.41. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.20, notching a gain of 0.43% for the day. The total traded volume was 71,498 . The stock had closed at $47.00 on the previous day.

Currently the company Insiders own 4.11% of City Holding Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.11% . Institutional Investors own 60.29% of City Holding Company shares. During last six month period, the net percent change held by insiders has seen a change of -0.41%. On the companys insider trading activities,The officer (EVP, Commercial Banking) of City Holding Co, Derito John A sold 2,500 shares at $49.04 on May 27, 2016. The Insider selling transaction had a total value worth of $122,600. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

City Holding Company is a financial holding company. The Company conducts its principal activities through its wholly owned subsidiary, City National Bank of West Virginia (City National). City National provides banking, trust and investment management and other financial solutions through its network of around 82 banking offices located in the states of West Virginia, Virginia, eastern Kentucky and southeastern Ohio. City National offers various products and services, including commercial banking, consumer banking, mortgage banking, and wealth management and trust services. City National provides credit, deposit and investment advisory products and services to rural and small community markets in addition to cities, including Charleston, Huntington, Winchester, Staunton, Virginia Beach, Ashland and Martinsburg.

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