Shares of United Continental Holdings (NYSE:UAL) Sees Large Outflow of Money

Shares of United Continental Holdings (NYSE:UAL) traded 1.58 points or 3.63% higher at $44.98.The total intraday money flow for the shares came in at a disappointing $(-6.74) million. The total upticks amounted to $50.91 million and the total downticks were approximately $57.65 million, with the up/down ratio of 0.88. On a different note, the shares have seen 5.53% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $1.08 million in upticks and an outflow of $9.89 million in downticks. The up/down ratio for the block was found to be 0.11. The net money flow for the block transaction was $(-8.81) million.


The stock has recorded a 20-day Moving Average of 0.86% and the 50-Day Moving Average is 5.14%. The company shares have dropped 21.42% in the past 52 Weeks. On September 17, 2015 The shares registered one year high of $62.21 and one year low was seen on June 14, 2016 at $41.46. The 50-day moving average is $44.83 and the 200 day moving average is recorded at $51.78. S&P 500 has rallied 1.93% during the last 52-weeks.

United Continental Holdings (NYSE:UAL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $45.01 and $44.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.86, notching a gain of 3.36% for the day. The total traded volume was 7,749,375 . The stock had closed at $43.40 on the previous day.

Currently the company Insiders own 0.25% of United Continental Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 13.15% . Institutional Investors own 95.67% of United Continental Holdings shares. During last six month period, the net percent change held by insiders has seen a change of 13.13%. On the companys insider trading activities, Jojo Linda P, officer (EVP and CIO) of United Continental Holdings, Inc., had purchased 2,500 shares on April 28, 2016. The total value of the transaction was $121,925. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

United Continental Holdings, Inc. (UAL) is a holding company and its principal wholly owned subsidiary is United Air Lines, Inc. (United). The Company transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates an average of 5,055 flights a day to 373 airports across six continents from the Companys hubs at Newark Liberty International Airport, Chicago OHare International Airport, Denver International Airport, George Bush Intercontinental Airport, Los Angeles International Airport, A.B. Won Pat International Airport, San Francisco International Airport and Washington Dulles International Airport. It has contractual relationships with a range of regional carriers to provide regional jet and turboprop service branded as United Express.

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