Shares of Molina Healthcare Inc (NYSE:MOH) Sees Large Outflow of Money

Shares of Molina Healthcare Inc (NYSE:MOH) advanced to $52.01. The price had gained 0.03% or 0.01 points intraday. The latest trading session witnessed $0.03 million in upticks and $0.33 million in downticks, resulting in net money flow of (-0.3) million. The up/down ratio for the day stood at 0.09. On a weekly scale, the price has seen a change of 1.97%.


The stock has recorded a 20-day Moving Average of 2.61% and the 50-Day Moving Average is 2.72%. The company shares have dropped 26.14% in the past 52 Weeks. On August 18, 2015 The shares registered one year high of $82.37 and one year low was seen on May 19, 2016 at $44.5. The 50-day moving average is $48.52 and the 200 day moving average is recorded at $57.18. S&P 500 has rallied 1.93% during the last 52-weeks.

Molina Healthcare Inc (NYSE:MOH): The stock opened at $52.21 on Tuesday but the bulls could not build on the opening and the stock topped out at $52.75 for the day. The stock traded down to $50.93 during the day, due to lack of any buying support eventually closed down at $51.27 with a loss of -1.40% for the day. The stock had closed at $52.00 on the previous day. The total traded volume was 493,687 shares.

Currently the company Insiders own 6.89% of Molina Healthcare Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.22% . Institutional Investors own 86.24% of Molina Healthcare Inc shares. During last six month period, the net percent change held by insiders has seen a change of -3.91%. On the companys insider trading activities, The director, of Molina Healthcare Inc, Romney Ronna had unloaded 250 shares at $62.8 per share in a transaction on April 11, 2016. The total value of transaction was $15,700. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Molina Healthcare, Inc. provides health care to those receiving Government assistance. The Company offers Medicaid-related solutions for low-income families and individuals, and assists state agencies in their administration of the Medicaid program. The Company operates through two segments: Health Plans segment and Molina Medicaid Solutions segment. The Companys Health Plans segment consists of health plans in around 11 states, and includes its direct delivery business. The Companys direct delivery business consists primarily of the management of a hospital in southern California, and the operation of primary care clinics in several states in which the Company operates. The Companys Molina Medicaid Solutions segment provides business processing and information technology development, and administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, West Virginia, and the United States Virgin Islands, and drug rebate administration services in Florida.

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