Shares of Brookdale Senior Living (BKD) Sees Large Outflow of Money

Brookdale Senior Living (BKD) : Money flow in the Brookdale Senior Living (BKD) stock was negative (11.09 million) on Wednesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $4.86 million, compared to $15.95 million on downticks. The total uptick to downtick ratio was 0.3, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($11.9 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $11.9 million, indicating persistent selling. Brookdale Senior Living (BKD) traded $0.49 higher at $17.63 gaining 2.86% over the previous days close.


Brookdale Senior Living (NYSE:BKD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.18 and $17.04 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.70. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.63, notching a gain of 2.86% for the day. The total traded volume was 2,824,800 . The stock had closed at $17.14 on the previous day.

The stock has recorded a 20-day Moving Average of 9.9% and the 50-Day Moving Average is 3.85%. In a related news, Clegg Jackie M, director of Brookdale Senior Living Inc., had purchased 1,500 shares on March 4, 2016. The total value of the transaction was $23,340. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Brookdale Senior Living Inc. operates senior living communities in the United States. The Company operates independent, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). The Company has five operating segments: Retirement Centers; Assisted Living; CCRCs – Rental; Brookdale Ancillary Services, and Management Services. The Companys Retirement Centers segment provides senior independent and assisted living services in its retirement center communities. The Companys Assisted Living segment offers housing and assisted living services to mid-acuity frail and elderly residents. The Companys CCRCs – Rental segment provides living arrangements and services for various types of health. The Brookdale Ancillary Services segment provides home health, therapy and other ancillary services, and education and wellness programs. The Management Services segment operates communities owned by third parties or by the Companys unconsolidated ventures.

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