Shares of Omnicom Group (NYSE:OMC) Sees Large Outflow of Money

Omnicom Group (NYSE:OMC) : Wednesdays money flow analysis of Omnicom Group (NYSE:OMC) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $42.25 million. In comparison, the inflow of money on upticks was a meager $28.96 million. The dollar value of composite uptick trades minus the downtick trades was negative $13.29 million. The uptick to downtick ratio of 0.69 in the money flow shows weakness. The uptick block trades were valued at $5.57 million. The downtick transaction value was high at $20.46 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.27. Hence, the net money flow in the stock was negative ($14.89 million). Omnicom Group (NYSE:OMC) gained $1.26 at $80.09, a change of 1.6% over the previous days close.


In an insider trading activity, The director officer (Chairman), of Omnicom Group Inc., Crawford Bruce had unloaded 22,800 shares at $84.31 per share in a transaction on June 9, 2016. The total value of transaction was $1,922,268. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1.1% of Omnicom Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -15.05% . Institutional Investors own 98.69% of Omnicom Group shares. During last six month period, the net percent change held by insiders has seen a change of -14.73%.

The company shares have rallied 12.78% from its 1 Year high price. On Apr 19, 2016, the shares registered one year high at $85.95 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $82.73 and the 200 Day Moving Average price is recorded at $78.91. Omnicom Group (NYSE:OMC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $79.12 and $75.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $80.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $80.10, notching a gain of 1.61% for the day. The total traded volume was 2,292,622 . The stock had closed at $78.83 on the previous day.

Omnicom Group Inc. is a holding company. The Company provides advertising, marketing and corporate communications services. The Companys branded networks and agencies operate in markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications. Its services in these disciplines include advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communications, data analytics and database management, among others. Its advertising brands include BBDO Worldwide, DDB Worldwide and TBWA Worldwide. The Companys branded agency networks operate in geographic regions, including the Americas, which includes North America and Latin America; EMEA, which includes Europe, the Middle East and Africa, and Asia Pacific, which includes Australia, China, India, Japan, Korea, New Zealand, Singapore and other Asian countries.

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