Large Inflow of Money Detected in Cinemark Holdings Inc

Cinemark Holdings Inc (CNK) : $5.81 million worth of transactions were on upticks in Cinemark Holdings Inc (CNK), compared to $4.57 million on downticks. The ratio between the two was 1.27, whereas, the net money flow stood at a healthy $1.24 million on Mondays session.The block trades show a bullish bias with only $0.95 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $2.23million worth of trades. The up-down ratio between the uptick and downtick was 2.35, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $1.28 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.16%. The stock was trading at $37.9, with a drop of $0.06 over the previous days close. The stock recorded 1.72% for the week.


Cinemark Holdings, Inc. has dropped 0.29% in the last five trading days, however, the shares have posted positive gains of 0.66% in the last 4 weeks. Cinemark Holdings, Inc. is up 6.82% in the last 3-month period. Year-to-Date the stock performance stands at 15.22%.

Cinemark Holdings Inc (NYSE:CNK): The stock opened at $37.96 on Monday but the bulls could not build on the opening and the stock topped out at $38.28 for the day. The stock traded down to $37.81 during the day, due to lack of any buying support eventually closed down at $37.91 with a loss of -0.13% for the day. The stock had closed at $37.96 on the previous day. The total traded volume was 776,222 shares.

In a related news, The officer (Pr – Cinemark International), of Cinemark Holdings, Inc., Fernandes Valmir had unloaded 17,983 shares at $35.78 per share in a transaction on June 1, 2016. The total value of transaction was $643,432. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Cinemark Holdings, Inc. is engaged in the motion picture exhibition business with theatres in the United States, Brazil, Mexico, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala and Bolivia. The Company manages its business in two segments: U.S. markets and international markets. As of December 31, 2014, the Company operated 495 theatres and 5,676 screens in 41 states and 13 Latin American countries. The Company develops new platforms and markets concepts for its domestic theatre circuit, including NextGen, CineArts, Cinemark Bistro, Cinemark Reserve and other premium concepts, such as its Cinemark XD Extreme Digital Cinema (XD). As of December 31, 2014, the Companys United States circuit had 335 theatres and 4,499 screens in 41 states and its international circuit had 160 theatres and 1,177 screens.

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