Shares of Telefonica SA (NYSE:TEF) Sees Large Outflow of Money

Telefonica SA (NYSE:TEF) : The total money flow in Telefonica SA (NYSE:TEF) was negative ($0.58 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $0.63 million. Transactions on upticks were comparatively lower at $0.05 million. The uptick to downtick ratio was 0.07. The total block trades on downticks were valued at $0.57 million. The money flow during block trades was negative ($0.57 million) when the stock traded with a gain of $46 cent. Telefonica SA (NYSE:TEF) was $9.21, an increase of 5.2% over the previous days close.


Currently the company Insiders own 0.01% of Telefonica SA shares according to the proxy statements. Institutional Investors own 1.43% of Telefonica SA shares.

The company shares have dropped -38.47% from its 1 Year high price. On Aug 11, 2015, the shares registered one year high at $15.54 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $10.08 and the 200 Day Moving Average price is recorded at $10.51. Telefonica SA (NYSE:TEF): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.20 and $9.17 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.25, notching a gain of 5.71% for the day. The total traded volume was 6,588,081 . The stock had closed at $8.75 on the previous day.

Telefonica, S.A. is an integrated and diversified telecommunications group operating in Europe and Latin America. The Company operates the following segments: Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica UK and Telefonica Hispanoamerica. These segments are engaged in activities relating to wireline, wireless, cable, Internet, television businesses and other digital services in accordance with each location. The Companys services and products include Mobile business, which offers mobile voice services, value added services, mobile data and Internet services, wholesale services, corporate services, roaming, fixed wireless, and trunking and paging; Fixed-line telephony business, which offers traditional fixed telecommunication services, Internet and broadband multimedia services, data and business-solutions services and wholesale services for telecommunication operators; and Digital services.

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