Large Inflow of Money Detected in InterOil Corporation

InterOil Corporation (IOC): $0.36 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.42. The value of trades done on upticks was $1.22 million, whereas, trades done on downticks were valued at $0.86 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.49 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.49 million. InterOil Corporation (IOC) fell $0.02 traded at $49, a change of -0.04% over the previous day. The stock is -0.12% for the week.


Shares of InterOil Corporation rose by 0.43% in the last five trading days and 2.96% for the last 4 weeks. InterOil Corporation is up 54.59% in the last 3-month period. Year-to-Date the stock performance stands at 56.02%.

InterOil Corporation (NYSE:IOC): The stock was completely flat for the day, closing at $49.02 on Monday. The flat closing masks the intraday volatility in the stock. After opening at $48.90, the stock touched an intraday high of $49.16 and a low of $48.81. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $49.02. The total trading volume on Monday was 499,195.

InterOil Corporation (InterOil) is an oil and gas exploration and production company. Papua New Guinea explores for oil and gas across over 4 million acres in the south of the country. The area is divided into four Petroleum Prospecting Licenses (PPLs) and two Petroleum Retention Licenses (PRLs). A feature of InterOils work in Papua New Guinea is PRL 15 that contains the Elk-Antelope field. PRL 39 contains the Triceratops discovery. The Company held approximately 40.1% interest in PRL 15. Its subsidiaries include SPI Exploration and Production Corporation, InterOil Singapore Pte Ltd, InterOil Corporate PNG Limited, South Pacific Refining Limited, SPI Distribution Limited, InterOil LNG Holdings Inc., InterOil Australia Pty Ltd and Direct Employment Services Company, among others. Its applications for new petroleum prospecting licenses were approved with PPL 474 replacing PPL 236, PPL 475 replacing PPL 237, and PPL 476 and PPL 477 replacing PPL 238 and included new license commitments.

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