Large Inflow of Money Detected in Allergan plc.

Allergan plc. (AGN) : Investors lapped up stocks on upticks to the tune of $154.92 million in the Mondays trading session. The trading value on downticks was comparatively at $134.07 million and the uptick to downtick ratio of 1.16 indicates continuous buying by the bulls. The net money flow into the stock was $20.85 million. Upticks saw transactions worth $29.44 clearly indicating buying by large investors. The total money flow for block trades stood at $29.44 million, which is a positive for the stock in the long-term. Allergan plc. (AGN) fell $3.41 during the day at $249.61, a drop of -1.35% over the previous days close. However, for the week, the stock is -1.67%, compared to the previous week.


Shares of Allergan plc rose by 2.31% in the last five trading days and 4.76% for the last 4 weeks. Allergan plc is up 12.9% in the last 3-month period. Year-to-Date the stock performance stands at -18.7%.

Allergan plc. (NYSE:AGN): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $251.25 and $250.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $254.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $254.05, notching a gain of 1.78% for the day. The total traded volume was 2,799,113 . The stock had closed at $249.61 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Basgoz Nesli, director of Allergan Plc, had unloaded 758 shares at an average price of $253.02 in a transaction dated on August 5, 2016. The total value of the transaction was worth $191,789.

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