Shares of BP p.l.c. (BP) Sees Large Outflow of Money

BP p.l.c. (BP) : The total money flow in BP p.l.c. (BP) was negative ($4.61 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $25.86 million. In comparison, the inflow of money into the stock on upticks was $21.25 million. The uptick to downtick ratio was 0.82. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $4.33 million. The value of transactions on uptick was $2.74 million. The negative money flow of ($1.59 million) confirms the selling in BP p.l.c. (BP) on strength. The uptick to downtick ratio of block trades was 0.63. BP p.l.c. (BP) gained $0.1 at $33.74, a gain of 0.3% over the previous days close. However, the stock registered 1.78% in the week.


Shares of BP p.l.c. appreciated by 2.11% during the last five trading days but lost 5.67% on a 4-week basis. BP p.l.c. is up 7.58% in the last 3-month period. Year-to-Date the stock performance stands at 14.78%.

BP p.l.c. (NYSE:BP): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.92 and $33.79 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.87, notching a gain of 0.39% for the day. The total traded volume was 4,214,902 . The stock had closed at $33.74 on the previous day.

BP p.l.c. (BP) is an integrated oil and gas company. The Company provides its customers with fuel for transportation, energy for heat and light, lubricants and the petrochemicals products used to make everyday items, including paints, clothes and packaging. The Company operates in three business segments: Upstream, Downstream and Rosneft. The Upstream segments activities include oil and natural gas exploration, field development and production; midstream transportation, storage and processing, and the marketing and trading of natural gas, including liquefied natural gas (LNG), together with power and natural gas liquids (NGLs). The Companys Downstream segments activities include the refining, manufacturing, marketing, transportation, and supply and trading of crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers. BPs interest in Rosneft, an oil company in Russia, is reported as a separate operating segment.

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