Shares of Liberty Global plc (NASDAQ:LBTYA) Sees Large Outflow of Money

Liberty Global plc (NASDAQ:LBTYA) : The total negative money flow of $3.87 million on Wednesday indicates selling on strength. The inflow of money on upticks was $19.42 million, compared to $23.28 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.83. The negative money flow of $1.41 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $9.47 million in a block trade.The transaction value of block trade on downtick was $10.87 million. The uptick to downtick ratio was 0.87. The price action in the Liberty Global plc (NASDAQ:LBTYA) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $30.48 with a gain of $1.01 , a change of 3.43% over the previous days close. The stock registered 5.83% for the week.


Currently the company Insiders own 3.75% of Liberty Global plc shares according to the proxy statements. Institutional Investors own 26.9% of Liberty Global plc shares.

The company shares have dropped -45.90% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $55.01 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $35.77 and the 200 Day Moving Average price is recorded at $36.82. Liberty Global plc (NASDAQ:LBTYA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.03 and $29.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.69. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.58, notching a gain of 0.37% for the day. The total traded volume was 11,455,439 . The stock had closed at $29.47 on the previous day.

Leave a Reply

Get Pre-Market Alerts!

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