Large Outflow of Money Witnessed in General Motors Company

General Motors Company (GM) : The total negative money flow of $7.37 million on Tuesday indicates selling on strength. The inflow of money on upticks was $75.9 million, compared to $83.28 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.91. The negative money flow of $8.94 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $18.11 million in a block trade.The transaction value of block trade on downtick was $27.05 million. The uptick to downtick ratio was 0.67. The price action in the General Motors Company (GM) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $30.6 with a gain of $0.47 , a change of 1.56% over the previous days close. The stock registered 3.17% for the week.


The company Insiders own 0.04% of General Motors Company shares according to the proxy statements. Institutional Investors own 74.59% of General Motors Company shares. During last six month period, the net percent change held by insiders has seen a change of -79.93%. In an insider trading activity,The officer (Executive Vice President) of General Motors Co, Deluca James B. sold 10,374 shares at $31.48 on May 27, 2016. The Insider selling transaction had a total value worth of $326,574. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of General Motors Company rose by 8.63% in the last five trading days and 5.3% for the last 4 weeks. General Motors Company is up 4.31% in the last 3-month period. Year-to-Date the stock performance stands at -7.74%.

General Motors Company (NYSE:GM): stock turned positive on Tuesday. Though the stock opened at $30.45, the bulls momentum made the stock top out at $30.85 level for the day. The stock recorded a low of $30.39 and closed the trading day at $30.6, in the green by 1.56%. The total traded volume for the day was 16,789,455. The stock had closed at $30.13 in the previous days trading.

General Motors Company (General Motors) designs, builds and sells cars, trucks and automobile parts across the world. The Company also provides automotive financing services through General Motors Financial Company, Inc. (GM Financial). The Companys four automotive segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO) and GM South America (GMSA). The Company also sells cars and trucks to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies and governments. The Company offers 13 FlexFuel vehicles in the United States for the 2015 model year plus an additional four models to fleet and commercial customers capable of operating on gasoline, E85 ethanol or any combination of the two.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.