Large Inflow of Money Detected in Reynolds American Inc

Reynolds American Inc (RAI) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $24.96 million worth of transactions were on upticks, whereas, the downticks accounted for $15.9 million worth of transactions. The net money flow was a positive $9.06 million and the uptick to downtick ratio was 1.57. The net money flow into the stock was $9.89 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $9.89 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Reynolds American Inc (RAI) was trading at $52.36, down $0.21 during day. The stock slid -0.4% over the previous days close. For the week, the stock recorded -0.42% over the previous weeks close.


Also, Berenberg initiates coverage on Reynolds American Inc (NYSE:RAI) The shares have been rated Hold. The rating by the firm was issued on June 14, 2016.

Reynolds American Inc (NYSE:RAI): The stock opened at $52.78 on Wednesday but the bulls could not build on the opening and the stock topped out at $52.78 for the day. The stock traded down to $52.31 during the day, due to lack of any buying support eventually closed down at $52.36 with a loss of -0.40% for the day. The stock had closed at $52.57 on the previous day. The total traded volume was 2,270,739 shares.

The stock has recorded a 20-day Moving Average of 0.28% and the 50-Day Moving Average is 2.41%. In a related news,The director officer (President and CEO) of Reynolds American Inc, Cameron Susan M. sold 105,766 shares at $49.88 on May 9, 2016. The Insider selling transaction had a total value worth of $5,275,608. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Reynolds American Inc. (RAI) is a holding company. The Company operates through three segments: RJR Tobacco, American Snuff and Santa Fe. The RJR Tobacco segment consists principally of the primary operations of R. J. Reynolds Tobacco Company. The American Snuff segment consists of the primary operations of American Snuff Co. The Santa Fe segment consists of the domestic operations of Santa Fe Natural Tobacco Company Inc. (SFNTC). The Companys wholly owned subsidiaries include R. J. Reynolds Tobacco Company, American Snuff Company, LLC (American Snuff Co.), Lorillard, Inc., Santa Fe Natural Tobacco Company, Inc. (SFNTC), R. J. Reynolds Vapor Company (RJR Vapor), Niconovum USA, Inc. and Niconovum AB.

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