Large Inflow of Money Detected in Philip Morris International Inc

Philip Morris International Inc (PM) : The money flow analysis of Philip Morris International Inc (PM) indicates a $72.24 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $110.07 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.52 and so was the total money flow at $37.83 million. A solid up-down ratio of 10.98 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $46.93 million worth of block trades on upticks. Only $4.28 million worth of the stock exchanged hands on downticks. The money flow was $42.65 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Philip Morris International Inc (PM), pushing it down by -0.39% for the day. The stock slid $0.39 and traded at $98.61 during the day. Nonetheless, the stock is -0.32% over the previous weeks close.


Shares of Philip Morris International, Inc. appreciated by 0.06% during the last five trading days but lost 4.84% on a 4-week basis. Philip Morris International, Inc. has dropped 2.06% during the last 3-month period . Year-to-Date the stock performance stands at 14.49%.

Philip Morris International Inc (NYSE:PM): The stock opened at $99.14 on Monday but the bulls could not build on the opening and the stock topped out at $99.18 for the day. The stock traded down to $98.54 during the day, due to lack of any buying support eventually closed down at $98.61 with a loss of -0.39% for the day. The stock had closed at $99.00 on the previous day. The total traded volume was 5,256,666 shares.

In a related news, The Securities and Exchange Commission has divulged that Firestone Marc S, officer (Sr. VP & General Counsel) of Philip Morris International Inc., had unloaded 18,000 shares at an average price of $97.06 in a transaction dated on April 26, 2016. The total value of the transaction was worth $1,747,080.

Philip Morris International Inc. is a holding company engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. The Companys products are sold in more than 180 markets, which include a range of international and local, premium, mid-price and low-price brands. Its premium price brands include Marlboro, Merit, Parliament and Virginia Slims; mid-price brands are L&M and Chesterfield, and international brands include Bond Street, Lark, Muratti, Next, Philip Morris and Red & White. Its local cigarette brands consist of Sampoerna, Dji Sam Soe and U Mild in Indonesia; Fortune, Champion and Hope in the Philippines; Diana in Italy; Optima and Apollo-Soyuz in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece, and Petra in the Czech Republic and Slovakia.

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