Shares of Sunoco Logistics Partners LP (NYSE:SXL) Sees Large Outflow of Money

Sunoco Logistics Partners LP (NYSE:SXL) surged 3.17% during the last session. The last traded price was up 0.86 points at $28. The data for the fund flow suggests that the net intraday money flow was $(-21.07) million. The fund value in upticks was recorded to be $3.61 million and in downticks, it was found to be $24.67 million. The up/down ratio for the day was measured to be 0.15. For the week, the shares have seen a percentage change of 2.87%.A block trade of $(-21.01) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $21.01 million. The block tradeoff had the up/down ratio of 0.


The stock has recorded a 20-day Moving Average of 0.35% and the 50-Day Moving Average is 0.8%. The company shares have dropped 29.08% in the past 52 Weeks. On June 24, 2015 The shares registered one year high of $38.75 and one year low was seen on January 20, 2016 at $15.43. The 50-day moving average is $28.13 and the 200 day moving average is recorded at $24.88. S&P 500 has rallied 1.93% during the last 52-weeks.

Sunoco Logistics Partners LP (NYSE:SXL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.95 and $26.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.00, notching a gain of 3.17% for the day. The total traded volume was 2,006,376 . The stock had closed at $27.14 on the previous day.

Currently the company Insiders own 3.74% of Sunoco Logistics Partners LP shares according to the proxy statements. Institutional Investors own 59.11% of Sunoco Logistics Partners LP shares. On the companys insider trading activities, Bray Basil Leon, director of Sunoco Logistics Partners L.P., executed a transaction worth $5,864 on May 16, 2014. A total of 150 shares were purchased at an average price of $39.09. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Sunoco Logistics Partners L.P. owns and operates a logistics business. The Company is engaged in the transport, terminalling and storage of crude oil, refined products and natural gas liquids (NGLs). In addition to logistics services, it also owns acquisition and marketing assets, which are used to facilitate the purchase and sale of crude oil, refined products and NGLs. The Company operates through four segments: Crude Oil Pipelines, transport crude oil in the southwest and midwest United States; Crude Oil Acquisition and Marketing, gathers, purchases, markets and sells crude oil in the mid-continent United States; Terminal Facilities, consist of crude oil, refined products and NGL terminals, and Products Pipelines, consist of crude oil, refined products and NGL terminals.

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