Large Inflow of Money Detected in Level 3 Communications

Level 3 Communications (LVLT) : Mondays money flow indicated an uptick to downtick ratio was at 1.26. The total value of inflow transactions on upticks was $4.93 million, whereas, the total value of outflow trades on downticks was $3.9 million. The total money flow was $1.03 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.07 million. The total value of the trades done on upticks was $0.57 million. Downticks saw transactions worth $0.5 million. The total uptick to downtick ratio stood at 1.14, mildly in favor of the bulls. Level 3 Communications (LVLT) was trading with a -0.24% change over previous days close. It fell $0.12 during the day and reached $49.61. The stock was 0.69% compared to the previous weeks close.


Level 3 Communications, Inc. has lost 0.98% in the last five trading days and dropped 12.5% in the last 4 weeks. Level 3 Communications, Inc. has dropped 5.4% during the last 3-month period . Year-to-Date the stock performance stands at -8.79%.

Level 3 Communications (NYSE:LVLT): The stock opened at $49.79 on Monday but the bulls could not build on the opening and the stock topped out at $49.86 for the day. The stock traded down to $49.40 during the day, due to lack of any buying support eventually closed down at $49.58 with a loss of -0.30% for the day. The stock had closed at $49.73 on the previous day. The total traded volume was 3,030,696 shares.

In a related news,The officer (Regional President, EMEA) of Level 3 Communications Inc, Crouch Andrew sold 4,300 shares at $50 on August 8, 2016. The Insider selling transaction had a total value worth of $215,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Level 3 Communications, Inc. is a provider of a range of integrated communications services. The Companys operating segments include North America includes operations in Georgia, Colorado, Florida, Canada, New York, Arizona, Pennsylvania, Michigan and Oklahoma; Europe includes operations in England, Ireland, The Netherlands and France; The Latin America includes operations in Colombia, Argentina, Venezuela, Peru, Ecuador, Chile and Brazil. The Asia or Pacific includes operations in China, Singapore and Japan. The tw telecom inc. (tw telecom) is an indirect, wholly owned subsidiary of the Company. The Company offers services, which includes core network services and wholesale voice services. It offers products, which include core network services, including transport and fiber services, colocation and data center services, IP and data services, managed services, cloud and IT services, voice services and wholesale voice services, including voice termination and toll free.

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