Shares of MetLife (NYSE:MET) Sees Large Outflow of Money

MetLife (NYSE:MET) : The total negative money flow of $3.21 million on Wednesday indicates selling on strength. The inflow of money on upticks was $4.43 million, compared to $7.64 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.58. The negative money flow of $3.55 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 $1.91 million in a block trade.The transaction value of block trade on downtick was $5.46 million. The uptick to downtick ratio was 0.35. The price action in the MetLife (NYSE:MET) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $38.01 with a gain of $0.31 , a change of 0.82% over the previous days close. The stock registered -3.63% for the week.


In an insider trading activity, Morris Maria R, officer (EVP, Global Employee Benefits) of Metlife Inc, unloaded 4,200 shares at an average price of $45.15 on June 1, 2016. The total amount of the transaction was worth $189,630, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.27% of MetLife shares according to the proxy statements. Institutional Investors own 75.26% of MetLife shares.

The company shares have dropped -33.24% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $58.13 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $43.43 and the 200 Day Moving Average price is recorded at $43.39. MetLife (NYSE:MET): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $38.16 and $37.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $39.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $39.20, notching a gain of 3.98% for the day. The total traded volume was 10,820,214 . The stock had closed at $37.70 on the previous day.

MetLife, Inc. (MetLife) is a provider of life insurance, annuities, employee benefits and asset management. The Companys segments include Retail; Group, Voluntary & Worksite Benefits, and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively, the Americas); Asia, and Europe, the Middle East and Africa (EMEA). In addition, MetLifes Corporate & Other includes MetLife Home Loans LLC (MLHL), the surviving, non-bank entity of the merger of MetLife Bank, National Association (MetLife Bank) with and into MLHL, and other business activities. Through its subsidiaries and affiliates, it operates in the United States, Japan, Latin America, Asia, Europe and the Middle East. The Companys businesses in the Americas offer a range of protection products and services.

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