Shares of United Parcel Service (NYSE:UPS) Sees Large Outflow of Money

United Parcel Service (NYSE:UPS) : The total negative money flow of $22.38 million on Wednesday indicates selling on strength. The inflow of money on upticks was $46.35 million, compared to $68.74 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.67. The negative money flow of $26.53 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $2.26 million in a block trade.The transaction value of block trade on downtick was $28.79 million. The uptick to downtick ratio was 0.08. The price action in the United Parcel Service (NYSE:UPS) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $106.34 with a gain of $1.65 , a change of 1.58% over the previous days close. The stock registered 1.85% for the week.


In an insider trading activity, The Securities and Exchange Commission has divulged that Barnes David A, officer (Senior Vice President) of United Parcel Service Inc, had unloaded 11,712 shares at an average price of $102.47 in a transaction dated on May 25, 2016. The total value of the transaction was worth $1,200,129. Currently the company Insiders own 0.72% of United Parcel Service shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.21% . Institutional Investors own 54.98% of United Parcel Service shares. During last six month period, the net percent change held by insiders has seen a change of -10.71%.

The company shares have rallied 7.99% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $107.58 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $103.39 and the 200 Day Moving Average price is recorded at $100.36. United Parcel Service (NYSE:UPS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $105.51 and $105.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $106.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $106.34, notching a gain of 1.58% for the day. The total traded volume was 2,728,580 . The stock had closed at $104.69 on the previous day.

United Parcel Service, Inc. is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages in over 220 countries and territories. It also provides control and visibility of customers inventories and supply chains via its UPS technology platform. The Company offers transportation, distribution, forwarding, ground freight, ocean freight, air freight, brokerage and financing services. It operates in three segments: U.S. Domestic Package, International Package and Supply Chain & Freight. Its WorldShip is a desktop shipping application that provides middle market and large customers with shipping capabilities. Customers can create custom labels, set up shipment alerts, create and upload customs documentation, track and export shipments, create reports and integrate with their enterprise resource planning and accounting systems. UPS marketplace shipping allows marketplace sellers to ship their orders via or WorldShip.

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