Large Inflow of Money Detected in American Homes 4 Rent

American Homes 4 Rent (AMH) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.77. The total value of inflow transactions on upticks was $3.77 million, whereas, the total value of outflow trades on downticks was $2.13 million. The total money flow was $1.64 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.74 million. The total value of the trades done on upticks was $1.74 million. American Homes 4 Rent (AMH) was trading with a -0.02% change over previous days close. It fell $0.01 during the day and reached $21.13. The stock was 1.32% compared to the previous weeks close.


American Homes 4 Rent (NYSE:AMH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.17 and $21.09 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.25, notching a gain of 0.57% for the day. The total traded volume was 2,082,875 . The stock had closed at $21.13 on the previous day.

The stock has recorded a 20-day Moving Average of 4.68% and the 50-Day Moving Average is 12.58%. In a related news, Benham Douglas N, director of American Homes 4 Rent, executed a transaction worth $201,600 on July 5, 2016. A total of 8,000 shares were purchased at an average price of $25.2. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

American Homes 4 Rent is an internally managed real estate investment trust (REIT). The Company focuses on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company has an integrated operating platform that consists of personnel engaged in property management, acquisitions, construction, marketing, leasing, financial and administrative functions. As of December 31, 2014, the Companys entire portfolio of single-family properties was internally managed through its property management platform. The Companys single-family properties include Dallas-Fort Worth, Texas; Indianapolis, Indiana; Atlanta, Georgia; Charlotte, North Carolina; Greater Chicago area, Illinois and Indiana; Cincinnati, Ohio; Houston, Texas; Tampa, Florida; Phoenix, Arizona, and Jacksonville, Florida, among others.

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