Large Outflow of Money Witnessed in Dreamworks Animation SKG

Dreamworks Animation SKG (DWA) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (0.59 million) in Dreamworks Animation SKG (DWA). On Friday, The value of composite uptick trades was $1.35 million, whereas, the value of composite downtick trades was $1.94 million and the ratio between the two was 0.69, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $0 million. The negative money flow of ($0 million) shows selling on strength. Dreamworks Animation SKG (DWA) gained $0.01 intraday at $40.97 and registrered 0.02% for the week.


Dreamworks Animation SKG (DWA) stock is expected to deviate a maximum of $8.33 from the average target price of $38.22 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $41 and the most muted being $16.

Dreamworks Animation SKG (NASDAQ:DWA): stock turned positive on Friday. Though the stock opened at $40.96, the bulls momentum made the stock top out at $40.99 level for the day. The stock recorded a low of $40.96 and closed the trading day at $40.99, in the green by 0.07%. The total traded volume for the day was 1,445,363. The stock had closed at $40.96 in the previous days trading.

In a related news,The officer (Head of Human Resources) of Dreamworks Animation Skg, Inc., Satterthwaite Dan sold 4,918 shares at $27.5 on April 19, 2016. The Insider selling transaction had a total value worth of $135,245. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

DreamWorks Animation SKG, Inc. (DreamWorks Animation) creates and exploits branded family entertainment, including animated feature films, television series and specials, live entertainment properties and related consumer products. The Company operates in four segments: Feature Films, Television Series and Specials, Consumer Products and New Media. Feature Films segment consists of the development, production and exploitation of feature films in the theatrical television home entertainment and digital markets. Television Series and Specials segment consist of the development production and exploitation of television direct-to-video and other nontheatrical content in the television home entertainment and digital markets. Consumer Products segment consists of the Companys merchandising and licensing activities. New Media segment consists of ATV and related businesses. Operating segments that are not separately reportable are categorized in all other.

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