Shares of Walt Disney Company (The) (DIS) Sees Large Inflow of Net Money Flow

Walt Disney Company (The) (DIS) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $131.21 million worth of transactions were on upticks, whereas, the downticks accounted for $94.51 million worth of transactions. The net money flow was a positive $36.7 million and the uptick to downtick ratio was 1.39. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 8.53 in their favor. The net money flow into the stock was $43.98 million. The value of block trades done on downticks was only $5.84 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $49.82 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Walt Disney Company (The) (DIS) was trading at $97.71, down $0.3 during day. The stock slid -0.31% over the previous days close. For the week, the stock recorded -2.09% over the previous weeks close.


Walt Disney Company (The) (DIS) : The highest level Walt Disney Company (The) (DIS) is projected to reach is $125 for the short term and the lowest estimate is at $88. The consolidated price target from 20 rating analysts who initiate coverage on the stock is $108.9 and the possibility the share price can swing is $10.98.

Walt Disney Company (The) (NYSE:DIS): On Fridays trading session , Opening price of the stock was $98.39 with an intraday high of $98.42. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $97.47. However, the stock managed to close at $97.71, a loss of 0.31% for the day. On the previous day, the stock had closed at $98.01. The total traded volume of the day was 5,381,662 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Walt Disney Co/, Lagomasino Maria Elena, had purchased 980 shares in a transaction dated on May 12, 2016. The transaction was executed at $101.98 per share with total amount equaling $99,940.

The Walt Disney Company, incorporated on July 28, 1995, together with its subsidiaries and affiliates, is a diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. Media Networks comprise an array of broadcast, cable, radio, publishing and digital businesses across two divisions the Disney/ABC Television Group and ESPN Inc. Walt Disney Parks and Resorts (WDP&R) is a provider of family travel and leisure experiences. The Walt Disney Studio brings movies, music and stage plays to consumers throughout the world. Disney Consumer Products (DCP) delivers product experiences across thousands of categories from toys and apparel to books and fine art. Disney Interactive is a creator of interactive entertainment across all current and emerging digital media platforms.

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