Shares of Vector Group Ltd. (NYSE:VGR) Sees Large Outflow of Money

Vector Group Ltd. (NYSE:VGR) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (0.6 million) in Vector Group Ltd. (NYSE:VGR). On Wednesday, The value of composite uptick trades was $0.19 million, whereas, the value of composite downtick trades was $0.79 million and the ratio between the two was 0.24, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $0.7 million. The negative money flow of ($0.7 million) shows selling on strength. Vector Group Ltd. (NYSE:VGR) gained $0.39 intraday at $22.12 and registrered 1.79% for the week.


In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Vector Group Ltd, Lebow Bennett S had sold 100,000 shares worth of $2,265,000 in a transaction dated March 29, 2016. In this transaction, 100,000 shares were sold at $22.65 per share. Currently the company Insiders own 14% of Vector Group Ltd. shares according to the proxy statements. Institutional Investors own 44.86% of Vector Group Ltd. shares.

The company shares have dropped -2.91% from its 1 Year high price. On Dec 4, 2015, the shares registered one year high at $25.60 and the one year low was seen on Apr 22, 2016. The 50-Day Moving Average price is $21.62 and the 200 Day Moving Average price is recorded at $22.31. Vector Group Ltd. (NYSE:VGR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.93 and $21.92 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $22.14, notching a gain of 1.89% for the day. The total traded volume was 731,550 . The stock had closed at $21.73 on the previous day.

Vector Group Ltd. is a holding company engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC (Liggett) and Vector Tobacco Inc. (Vector Tobacco) subsidiaries; the sale of electronic cigarettes (e-cigarettes) in the United States, and the real estate business through its New Valley LLC subsidiary, which is seeking to acquire additional operating companies and real estate properties. The Companys business segments include Tobacco, E-Cigarettes and Real Estate. The Tobacco segment consists of the manufacture and sale of cigarettes. The E-Cigarettes segment includes the operations of the Companys e-cigarette business. The Real Estate segment includes the Companys investments in consolidated and non-consolidated real estate businesses.

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