Shares of Itau Unibanco Banco Holding SA (NYSE:ITUB) Sees Large Inflow of Net Money Flow

Itau Unibanco Banco Holding SA (NYSE:ITUB) traded negative at $8.27. On an intraday basis, the price dropped -0.12 points or -1.43%. The composite uptick value was $8.86 million while the combined downtick value was $6.61. The net money flow was $2.25 million while the up/down ratio was not very comforting at 1.34. The shares on a weekly note has seen a change in share price of -2.13%.According to the trading data, the shares saw a block trade with $0.55 million in upticks and $0.38 million in downticks. The up/down ratio for the block was calculated to be 1.45. The net money flow for the block trade was 0.17.


Institutional Investors own 4.87% of Itau Unibanco Banco Holding SA shares.

Itau Unibanco Banco Holding SA (NYSE:ITUB) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.05 points or 0.6% at $8.34 with 13,734,592 shares getting traded. Post opening the session at $8.21, the shares hit an intraday low of $8.19 and an intraday high of $8.43 and the price was in this range throughout the day. The company has a market cap of $49,445 million and the number of outstanding shares have been calculated to be 5,928,684,400 shares. The 52-week high of Itau Unibanco Banco Holding SA (NYSE:ITUB) is $10.363636 and the 52-week low is $5.48.

Many analysts have stated their opinion on the company shares. HSBC downgrades its rating on Itau Unibanco Banco Holding SA (NYSE:ITUB). Analysts at the HSBC have a current rating of Hold on the shares. The shares were previously rated Buy. The rating by the firm was issued on June 2, 2016.

Itau Unibanco Holding S.A. (Itau Unibanco Holding) is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil. It operates in four segments: Commercial Bank-Retail, which offers a range of banking services for retail individuals or clients and for companies, including services, such as asset management, investor services, insurance, private pension plans and credit cards issued to account holders; Consumer Credit-Retail, which offers financial products and services to account holders, such as vehicle financing, credit card transactions and consumer financing; Wholesale Bank, which offers wholesale products and services to large and medium-sized companies, as well as investment bank activities and The Activities with the Market and Corporation segment manages the interest income associated with ITAU UNIBANCO HOLDING capital surplus, subordinated debt surplus and the net balance of tax credits and debits.

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