Shares of Comcast Corporation (NASDAQ:CMCSA) Sees Large Outflow of Money

Comcast Corporation (NASDAQ:CMCSA) traded higher in the last at $62.54, gaining 0.08 points or 0.13%. 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 $(-41.9) million. The composite uptick value of $59.86 million was eclipsed by the accrued downtick value of $101.76 million, thereby ensuring the up/down ratio of 0.59. For the week, the shares have posted returns of 0.27%.A block trade registered during the day has revealed $6.88 million in upticks and $47.45 million in downticks. The up/down ratio in this case turned out to be 0.15. The net money flow for the block trade was $(-40.56) million.


The stock has recorded a 20-day Moving Average of 0.51% and the 50-Day Moving Average is 0.86%. The company shares have rallied 2.8% in the past 52 Weeks. On July 22, 2015 The shares registered one year high of $64.99 and one year low was seen on August 24, 2015 at $50. The 50-day moving average is $62.22 and the 200 day moving average is recorded at $59.35. S&P 500 has rallied 1.93% during the last 52-weeks.

Comcast Corporation (NASDAQ:CMCSA): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $62.47 and $62.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $62.80. The buying momentum continued till the end and the stock did not give up its gains. It closed at $62.54, notching a gain of 0.13% for the day. The total traded volume was 8,884,886 . The stock had closed at $62.46 on the previous day.

Currently the company Insiders own 1.27% of Comcast Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.75% . Institutional Investors own 83.93% of Comcast Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -16.26%. On the companys insider trading activities,The director of Comcast Corp, Bacon Kenneth J sold 2,500 shares at $62.82 on June 16, 2016. The Insider selling transaction had a total value worth of $157,050. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Comcast Corporation is a media and technology company. The Company has two primary businesses, Comcast Cable and NBCUniversal. The Companys business line comprises five segments: Cable Communications; Cable Networks; Broadcast Television; Filmed Entertainment, and Theme Parks. Cable Communications consists of the operations of Comcast Cable, a provider of video, high-speed Internet and voice services under the XFINITY brand. Cable Networks consists primarily of its national cable networks, regional sports and news networks, international cable networks, and its cable television production operations. Broadcast Television consists primarily of the NBC and Telemundo broadcast networks. Filmed Entertainment consists primarily of the studio operations of Universal Pictures. Theme Parks consists primarily of its Universal theme parks. The Companys other business interests consist of Comcast-Spectacor and the Wells Fargo Center arena.

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