Shares of Express Scripts Holding Company (ESRX) Sees Large Outflow of Money

Express Scripts Holding Company (ESRX) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($24.64 million) and the uptick to downtick ratio was 0.59. The transaction value on upticks was $36 million and on downticks, the transaction value was $60.64 million. The transaction value of block trades during downticks was $29.03 million. The money flow was negative ($29.03 million), indicating the traders were booking profit on the price strength. Express Scripts Holding Company (ESRX) rose $0.23 at $73.35, during intraday Tuesday , a rise of 0.31% over the previous days close.


Also, Equity analysts at the Brokerage firm Barclays maintains its rating on Express Scripts Holding Company (NASDAQ:ESRX). The rating major has initiated the coverage with overweight rating on the shares. The Analysts at Barclays raises the price target from $85 per share to $87 per share. The rating by the firm was issued on July 27, 2016.

Express Scripts Holding Company has lost 4.93% in the last five trading days and dropped 3.7% in the last 4 weeks. Express Scripts Holding Company has dropped 3.28% during the last 3-month period . Year-to-Date the stock performance stands at -16.09%.

Express Scripts Holding Company (NASDAQ:ESRX): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $72.98 and $72.65 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $73.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $73.35, notching a gain of 0.31% for the day. The total traded volume was 3,997,999 . The stock had closed at $73.12 on the previous day.

In a related news, The officer (Senior VP, Supply Chain), of Express Scripts Holding Co., Neville Everett had unloaded 800 shares at $74.11 per share in a transaction on May 10, 2016. The total value of transaction was $59,288. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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