Large Inflow of Money Detected in Union Pacific Corporation

Union Pacific Corporation (UNP) : $49.46 million worth of transactions were on upticks in Union Pacific Corporation (UNP), compared to $36.58 million on downticks. The ratio between the two was 1.35, whereas, the net money flow stood at a healthy $12.88 million on Wednesdays session.The block trades show a bullish bias with only $2.62 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $11.25million worth of trades. The up-down ratio between the uptick and downtick was 4.3, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $8.63 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.05%. The stock was trading at $93.9, with a drop of $0.05 over the previous days close. The stock recorded -0.09% for the week.


Also, Scotia downgrades their rating on the shares of Union Pacific Corporation (NYSE:UNP). The current rating of the shares is Sector Perform. Equity Analysts at the Firm lowers the price target to $88 per share from $93 per share. The rating by the firm was issued on June 20, 2016.

Union Pacific Corporation (NYSE:UNP): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $92.73 and $92.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $94.32. The buying momentum continued till the end and the stock did not give up its gains. It closed at $94.12, notching a gain of 0.18% for the day. The total traded volume was 4,245,006 . The stock had closed at $93.95 on the previous day.

The stock has recorded a 20-day Moving Average of 5.47% and the 50-Day Moving Average is 8.73%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP & CORPORATE SECRETARY) of Union Pacific Corp, Duren Diane K had sold 2,500 shares worth of $213,650 in a transaction dated June 3, 2016. In this transaction, 2,500 shares were sold at $85.46 per share.

Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. The Company is a Class I railroad operating in the United States, which has 31,974 route miles and maintains coordinated schedules with other rail carriers to move freight. It links 23 states in the western two-thirds of the country by rail, providing a supply chain link around the world. Its business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal. The Company serves United States population centers, operates from West Coast and Gulf Coast ports to eastern gateways, connects with Canadas rail systems and serves six Mexico gateways. The Companys freight traffic consists of bulk, manifest, and premium business.

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