Large Inflow of Money Detected in T-Mobile US

T-Mobile US (TMUS) : On Tuesday, The money flowed into the T-Mobile US (TMUS) stock with an uptick to downtick ratio was recorded at 1.32. Transactions worth $9.36 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $7.09 million. The total money flow into the stock was $2.27 million. The block trades reveal a bullish bias with an up-down ratio of 2. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $4.68 million of block transactions on upticks. The value of block trades on downticks was $2.34 million, indicating lower selling interest. The total money flow in block trades was $2.34 million. In terms of price action, T-Mobile US (TMUS) traded down $0.55 during the session at $46.19. Compared to the previous days closing, the stock was down only by -1.17%. For the week, the stock is 0.49%, over previous weeks closing.


Also, Equity Analysts at the Buckingham Research maintains the rating on T-Mobile US (NYSE:TMUS). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $50 per share to $55 per share. The rating by the firm was issued on August 25, 2016.

T-Mobile US, Inc. has lost 1.56% in the last five trading days and dropped 2.06% in the last 4 weeks. T-Mobile US, Inc. is up 8.17% in the last 3-month period. Year-to-Date the stock performance stands at 17.84%.

T-Mobile US (NYSE:TMUS): The stock opened at $46.81 on Tuesday but the bulls could not build on the opening and the stock topped out at $46.99 for the day. The stock traded down to $45.98 during the day, due to lack of any buying support eventually closed down at $46.10 with a loss of -1.35% for the day. The stock had closed at $46.73 on the previous day. The total traded volume was 2,569,152 shares.

In a related news,The officer (EVP & CFO) of T-Mobile Us, Inc., Carter J Braxton Ii sold 50,000 shares at $47.95 on August 8, 2016. The Insider selling transaction had a total value worth of $2,397,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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