Shares of Wyndham Worldwide Corp (NYSE:WYN) Sees Large Outflow of Money

Wyndham Worldwide Corp (NYSE:WYN): The stock had negative money flow to the tune of ($4.02 million) on Wednesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $30.32 million, whereas, the outflow of money on downticks was $34.33 million and the ratio between the two was 0.88. The block trade had a negative net money flow of ($3.99 million). The total block trade value undertaken on upticks was $1.75 million. On the other hand, downticks amounted to $5.74 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.31. Wyndham Worldwide Corp (NYSE:WYN) closed with marginal gains of 288 cents to end the day at $70.11, an increase of 4.28% over the previous days close. The stock recorded 4.19% for the week.


In an insider trading activity,The director of Wyndham Worldwide Corp, Herrera George sold 456 shares at $67.47 on June 1, 2016. The Insider selling transaction had a total value worth of $30,766. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 2.03% of Wyndham Worldwide Corp shares according to the proxy statements. Institutional Investors own 99.27% of Wyndham Worldwide Corp shares. During last six month period, the net percent change held by insiders has seen a change of -0.26%.

The company shares have dropped -19.24% from its 1 Year high price. On Jul 22, 2015, the shares registered one year high at $87.33 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $68.18 and the 200 Day Moving Average price is recorded at $70.77. Wyndham Worldwide Corp (NYSE:WYN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $68.64 and $68.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.91. The buying momentum continued till the end and the stock did not give up its gains. It closed at $70.05, notching a gain of 4.19% for the day. The total traded volume was 2,520,381 . The stock had closed at $67.23 on the previous day.

Wyndham Worldwide Corporation is a hospitality company. The Company offers individual consumers and business customers a wide range of hospitality services and products through a portfolio of brands, including Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites, Tryp by Wyndham, RCI, Landal GreenParks, and others. The Company operates through three segments: Lodging, which franchises hotels in the upscale, upper midscale, midscale, economy and extended stay segments and provides hotel management services for service hotels; Vacation exchange and rentals, which provides vacation exchange services and products to owners of intervals of vacation ownership interests (VOIs) and markets vacation rental properties, and Vacation ownership, which develops, markets and sells VOIs to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.