Large Inflow of Money Detected in Constellation Brands Inc

Constellation Brands Inc (STZ) : On Tuesday, The money flowed into the Constellation Brands Inc (STZ) stock with an uptick to downtick ratio was recorded at 1.19. Transactions worth $22.51 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $18.88 million. The total money flow into the stock was $3.64 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $2.86 million of block transactions on upticks. The total money flow in block trades was $2.86 million. In terms of price action, Constellation Brands Inc (STZ) traded down $0.43 during the session at $166.37. Compared to the previous days closing, the stock was down only by -0.26%. For the week, the stock is 0.47%, over previous weeks closing.


Constellation Brands Inc. has dropped 0.13% in the last five trading days, however, the shares have posted positive gains of 1.6% in the last 4 weeks. Constellation Brands Inc. is up 8.29% in the last 3-month period. Year-to-Date the stock performance stands at 17.47%.

Constellation Brands Inc (NYSE:STZ): The stock opened at $166.06 on Tuesday but the bulls could not build on the opening and the stock topped out at $167.20 for the day. The stock traded down to $165.03 during the day, due to lack of any buying support eventually closed down at $166.15 with a loss of -0.39% for the day. The stock had closed at $166.80 on the previous day. The total traded volume was 855,884 shares.

In a related news, Kane Thomas Michael, officer (Executive VP, Chief HR Officer) of Constellation Brands, Inc., unloaded 7,000 shares at an average price of $163.26 on July 28, 2016. The total amount of the transaction was worth $1,142,820, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Constellation Brands, Inc. is an international beverage alcohol company. The Companys operating segments include Beer, Wine and Spirits and Corporate Operations and Other. The Companys wine portfolio is complemented by select spirits brands and other select beverage alcohol products. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States. The Companys customers include wholesale distributors, retailers, on premise locations and government alcohol beverage control agencies. In the United States, the Company operates 19 wineries using varieties of grapes grown in the Napa, Sonoma, Monterey and San Joaquin regions of California. It also operates eight wineries in Canada, four wineries in New Zealand and five wineries in Italy. The Companys Canadian whisky requirements are produced and aged at its Canadian distillery in Lethbridge, Alberta.

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