Aercap Holdings N.V. (AER) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $10.72 million worth of transactions were on upticks, whereas, the downticks accounted for $7.33 million worth of transactions. The net money flow was a positive $3.4 million and the uptick to downtick ratio was 1.46. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 2.32 in their favor. The net money flow into the stock was $2.5 million. The value of block trades done on downticks was only $1.89 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $4.39 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Aercap Holdings N.V. (AER) was trading at $37.59, down $0.01 during day. The stock slid -0.01% over the previous days close. For the week, the stock recorded 1.8% over the previous weeks close.
Aercap Holdings N.V. (NYSE:AER): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.69 and $37.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $38.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.66, notching a gain of 0.19% for the day. The total traded volume was 2,715,035 . The stock had closed at $37.59 on the previous day.
The stock has recorded a 20-day Moving Average of 7.13% and the 50-Day Moving Average is 1.81%. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Aercap Holdings N.V., Jonkhart Marius had purchased shares worth of $173,100 in a transaction dated on February 25, 2016. A total of 5,000 shares were purchased at a price of $34.62 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
AerCap Holdings N.V. is an independent aircraft leasing company. The Company is engaged in leasing, financing, sales and management of commercial aircraft and engines. The Company owns 1,132 aircraft, including 1,100 aircraft held for operating lease, 27 aircraft under finance and sales-type lease, four aircraft that met the criteria for being classified as held for sale and one aircraft under contract to be parted-out, but excluding three aircraft owned by AeroTurbine. The Company also managed 115 aircraft and AerDragon, a non-consolidated joint venture, owned or had on order another 32 aircraft. The Company also has 380 new aircraft on order. The Companys owned and managed aircraft are leased to over 200 commercial airline and cargo operator customers in approximately 90 countries. The Company offers aircraft services, including aircraft asset management, administrative services and cash management services.