Large Outflow of Money Witnessed in Molson Coors Brewing Company

Molson Coors Brewing Company (TAP) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($4.39 million) and the uptick to downtick ratio was 0.75. The transaction value on upticks was $12.83 million and on downticks, the transaction value was $17.22 million. The transaction value of block trades during downticks was $5.32 million. The money flow was negative ($5.32 million), indicating the traders were booking profit on the price strength. Molson Coors Brewing Company (TAP) rose $0.14 at $101.76, during intraday Tuesday , a rise of 0.14% over the previous days close.


The company Insiders own 2.53% of Molson Coors Brewing Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.58% . Institutional Investors own 79.39% of Molson Coors Brewing Company shares. During last six month period, the net percent change held by insiders has seen a change of -20.12%. In an insider trading activity, Anand Krishnan, (Pres & CEO Molson Coors Intl) of Molson Coors Brewing Co, unloaded 2,260 shares at an average price of $102 on June 1, 2016. The total amount of the transaction was worth $230,520, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Molson Coors Brewing Company appreciated by 0.96% during the last five trading days but lost 2.21% on a 4-week basis. Molson Coors Brewing Company is up 9.62% in the last 3-month period. Year-to-Date the stock performance stands at 8.91%.

Molson Coors Brewing Company (NYSE:TAP): On Tuesdays trading session , Opening price of the stock was $101.62 with an intraday high of $102.07. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $100.94. However, the stock managed to close at $101.4, a loss of 0.22% for the day. On the previous day, the stock had closed at $101.62. The total traded volume of the day was 1,417,182 shares.

Molson Coors Brewing Company (MCBC) is a holding Company that operates as a brewer. The Company has a portfolio of owned and partner brands, including Carling, Coors Light, Molson Canadian and Staropramen brands, as well as craft and beers, such as Blue Moon, Creemore Springs, Cobra and Sharps Doom Bar. The Company operates in four segments: Molson Coors Canada (MCC or Canada segment), operating in Canada; MillerCoors LLC (MillerCoors or U.S. segment), operating in the United States (U.S.); Molson Coors Europe (Europe segment), operating in Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, Republic of Ireland, Romania, Serbia, Slovakia and the United Kingdom (U.K.), and Molson Coors International (MCI), operating in various other countries.

Leave a Reply

Get Pre-Market Alerts!

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