MetLife (MET) : MetLife (MET) had a healthy money flow of $1.62 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $11.4 million, whereas, investors only sold shares worth $9.78 million on downticks. The stock closed the day with an up-down ratio of 1.17.The money flow in the block trades to the tune of $3.76 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $3.76 million worth of transactions were on upticks. MetLife (MET) stock slid $0.03 intraday and traded at 43.19, a change of -0.07% over previous days close. However, for the week, the company shares are 1.36% compared to previous weeks close.
MetLife (MET) : The highest short term price target forecast on MetLife (MET) is $62 and the lowest target price is $44. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $50.89 with a standard deviation of $5.46.
MetLife (NYSE:MET): stock turned positive on Friday. Though the stock opened at $43.35, the bulls momentum made the stock top out at $43.46 level for the day. The stock recorded a low of $43 and closed the trading day at $43.26, in the green by 0.09%. The total traded volume for the day was 5,676,986. The stock had closed at $43.22 in the previous days trading.
In a related news, The Securities and Exchange Commission has divulged that Morris Maria R, officer (EVP, Global Employee Benefits) of Metlife Inc, had unloaded 2,000 shares at an average price of $39.43 in a transaction dated on July 1, 2016. The total value of the transaction was worth $78,860.
MetLife, Inc. (MetLife) is a provider of life insurance, annuities, employee benefits and asset management. The Companys segments include Retail; Group, Voluntary & Worksite Benefits, and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively, the Americas); Asia, and Europe, the Middle East and Africa (EMEA). In addition, MetLifes Corporate & Other includes MetLife Home Loans LLC (MLHL), the surviving, non-bank entity of the merger of MetLife Bank, National Association (MetLife Bank) with and into MLHL, and other business activities. Through its subsidiaries and affiliates, it operates in the United States, Japan, Latin America, Asia, Europe and the Middle East. The Companys businesses in the Americas offer a range of protection products and services.