Large Outflow of Money Witnessed in Universal Corporation

Universal Corporation (UVV) : Tuesdays money flow analysis of Universal Corporation (UVV) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $6.51 million. In comparison, the inflow of money on upticks was a meager $1.93 million. The dollar value of composite uptick trades minus the downtick trades was negative $4.58 million. The uptick to downtick ratio of 0.3 in the money flow shows weakness. The downtick transaction value was high at $5.26 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($5.26 million). Universal Corporation (UVV) gained $1.28 at $59.74, a change of 2.19% over the previous days close.


The company Insiders own 3.1% of Universal Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -29.6% . Institutional Investors own 97.34% of Universal Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -14.85%. In an insider trading activity, The Securities and Exchange Commission has divulged that Foster Charles H Jr, director of Universal Corp /Va/, had unloaded 7,146 shares at an average price of $55.47 in a transaction dated on June 3, 2016. The total value of the transaction was worth $396,389.

Shares of Universal Corporation rose by 5.92% in the last five trading days and 8.93% for the last 4 weeks. Universal Corporation is up 12.29% in the last 3-month period. Year-to-Date the stock performance stands at 9.81%.

Universal Corporation (NYSE:UVV): stock turned positive on Tuesday. Though the stock opened at $58.59, the bulls momentum made the stock top out at $60.05 level for the day. The stock recorded a low of $58.25 and closed the trading day at $59.86, in the green by 2.39%. The total traded volume for the day was 477,394. The stock had closed at $58.46 in the previous days trading.

Universal Corporation is a global leaf tobacco supplier. The Company is engaged in procuring, financing, processing, packing, storing and shipping flue-cured and burley leaf tobacco for manufacturers of consumer tobacco products. The Companys operating segment includes North America, South America, Africa, Europe, Asia, Dark Air-Cured, Oriental and Special Services. North America, South America, Africa, Europe, and Asia are involved in flue-cured and/or burley leaf tobacco operations for supply to cigarette manufacturers. The Dark Air-Cured group supplies dark air-cured tobacco to manufacturers of cigars, pipe tobacco, and smokeless tobacco products. The Oriental business supplies oriental tobacco to cigarette manufacturers. Special Services includes the Companys laboratory services business, which provides physical and chemical product testing and smoke testing for customers, as well as its liquid nicotine joint venture and its food and vegetable ingredients business.

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