Large Outflow of Money Witnessed in Wyndham Worldwide Corp

Wyndham Worldwide Corp (WYN) : The value of composite uptick trades was $0.16 million, whereas, the value of composite downtick trades was $0.56 million. The uptick to downtick ratio stood at 0.29 with a negative money flow of ($0.4) Million during Fridays trading session. The block trades money flow was negative ($0 million). The transaction of the trades on downticks amounted to $0 million, which confirms investors selling on the strength of price. Wyndham Worldwide Corp (WYN) gained 7 cents at $76.59, an increase of 0.09% over the previous days close.


Wyndham Worldwide Corp (WYN) : The highest level Wyndham Worldwide Corp (WYN) is projected to reach is $97 for the short term and the lowest estimate is at $64. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $86.14 and the possibility the share price can swing is $11.31.

Wyndham Worldwide Corp (NYSE:WYN): stock turned positive on Friday. Though the stock opened at $76.5, the bulls momentum made the stock top out at $77.38 level for the day. The stock recorded a low of $76.3 and closed the trading day at $77.22, in the green by 0.91%. The total traded volume for the day was 1,143,644. The stock had closed at $76.52 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that Herrera George, director of Wyndham Worldwide Corp, had unloaded 456 shares at an average price of $67.47 in a transaction dated on June 1, 2016. The total value of the transaction was worth $30,766.

Wyndham Worldwide Corporation is a hospitality company. The Company offers individual consumers and business customers a wide range of hospitality services and products through a portfolio of brands, including Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites, Tryp by Wyndham, RCI, Landal GreenParks, and others. The Company operates through three segments: Lodging, which franchises hotels in the upscale, upper midscale, midscale, economy and extended stay segments and provides hotel management services for service hotels; Vacation exchange and rentals, which provides vacation exchange services and products to owners of intervals of vacation ownership interests (VOIs) and markets vacation rental properties, and Vacation ownership, which develops, markets and sells VOIs to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts.

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