Shares of Phillips 66 (NYSE:PSX) Sees Large Outflow of Money

Shares of Phillips 66 (NYSE:PSX) traded 0.29 points or 0.37% higher at $79.35.The total intraday money flow for the shares came in at a disappointing $(-18.35) million. The total upticks amounted to $27.17 million and the total downticks were approximately $45.52 million, with the up/down ratio of 0.6. On a different note, the shares have seen 1.08% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0 million in upticks and an outflow of $16.88 million in downticks. The up/down ratio for the block was found to be 0. The net money flow for the block transaction was $(-16.88) million.


The stock has recorded a 20-day Moving Average of 0.81% and the 50-Day Moving Average is 2.4%. The company shares have dropped 1.56% in the past 52 Weeks. On November 4, 2015 The shares registered one year high of $94.12 and one year low was seen on August 24, 2015 at $69.79. The 50-day moving average is $79.52 and the 200 day moving average is recorded at $81.91. S&P 500 has rallied 1.93% during the last 52-weeks.

Phillips 66 (NYSE:PSX): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $79.30 and $78.23 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $79.58. The buying momentum continued till the end and the stock did not give up its gains. It closed at $79.35, notching a gain of 0.37% for the day. The total traded volume was 2,331,131 . The stock had closed at $79.06 on the previous day.

Currently the company Insiders own 0.05% of Phillips 66 shares according to the proxy statements. Institutional Investors own 72.64% of Phillips 66 shares. During last six month period, the net percent change held by insiders has seen a change of -34.11%. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Phillips 66, Loomis William R Jr had purchased shares worth of $999,945 in a transaction dated on June 13, 2016. A total of 12,680 shares were purchased at a price of $78.86 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining and marketing and specialties businesses. The Company operates its business through four segments: midstream, chemicals, refining and marketing and specialties. It gathers, processes, transports and markets natural gas, and transports, fractionates and markets natural gas liquids (NGL) in the United States. The Chemical segment manufactures and markets petrochemicals and plastics. The Chemicals segment consists of its 50% equity investment in Chevron Phillips Chemical Company LLC (CPChem). The refining segment buys, sells and refines crude oil and other feedstocks into petroleum products (such as gasolines, distillates and aviation fuels) at 14 refineries, mainly in the United States and Europe. The Marketing and Specialties segment purchases for resale and markets refined petroleum products (such as gasolines, distillates and aviation fuels), mainly in the United States and Europe.

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