Large Inflow of Money Detected in Crown Castle International Corporation

Crown Castle International Corporation (CCI) : On Monday, The money flowed into the Crown Castle International Corporation (CCI) stock with an uptick to downtick ratio was recorded at 1.52. Transactions worth $25.54 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $16.84 million. The total money flow into the stock was $8.7 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $9.44 million of block transactions on upticks. The total money flow in block trades was $9.44 million. In terms of price action, Crown Castle International Corporation (CCI) traded down $0.31 during the session at $96.21. Compared to the previous days closing, the stock was down only by -0.32%. For the week, the stock is -0.01%, over previous weeks closing.


Shares of Crown Castle International Corp. appreciated by 0.32% during the last five trading days but lost 3.9% on a 4-week basis. Crown Castle International Corp. is up 7.5% in the last 3-month period. Year-to-Date the stock performance stands at 13.53%.

Crown Castle International Corporation (NYSE:CCI): The stock opened at $96.60 on Monday but the bulls could not build on the opening and the stock topped out at $97.00 for the day. The stock traded down to $96.19 during the day, due to lack of any buying support eventually closed down at $96.21 with a loss of -0.32% for the day. The stock had closed at $96.52 on the previous day. The total traded volume was 1,262,138 shares.

In a related news, Simon Kenneth Jay, officer (SVP and General Counsel) of Crown Castle International Corp, had purchased 168 shares on May 5, 2016. The total value of the transaction was $14,802. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Crown Castle International Corp. (CCIC) is a real estate investment trust (REIT) company. The Company owns, operates and leases shared wireless infrastructure, including towers and other structures, such as rooftops (towers), and to a lesser extent, distributed antenna systems (DAS), a type of small cell network (small cells), and interests in land under third party towers in various forms (third party land interests). Its core business is renting space or physical capacity (collectively, space) on its towers, DAS and, to a lesser extent, third party land interests (collectively, site rental business) through long-term contracts in various forms, including license, sublease and lease agreements (collectively, contracts). The Company conducts its operations principally through subsidiaries of (CCOC), including certain subsidiaries, which operate its wireless infrastructure portfolios in the United States, including Puerto Rico (CCUSA).

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