Shares of Omnicom Group (OMC) Sees Large Outflow of Money

Omnicom Group (OMC) : Money flow in the Omnicom Group (OMC) stock was negative (7.19 million) on Tuesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $21.44 million, compared to $28.63 million on downticks. The total uptick to downtick ratio was 0.75, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($8.39 million), indicating selling on the strength. The transaction value during uptick in block trades was $1.33 million. Downtick transaction value in block trades amounted to $9.71 million, indicating persistent selling. The uptick to downtick ratio was 0.14. Omnicom Group (OMC) traded $0.52 higher at $86.36 gaining 0.61% over the previous days close.


Shares of Omnicom Group Inc. rose by 2% in the last five trading days and 4.55% for the last 4 weeks. Omnicom Group Inc. is up 4.79% in the last 3-month period. Year-to-Date the stock performance stands at 15.62%.

Omnicom Group (NYSE:OMC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $86.04 and $85.92 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $86.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $86.36, notching a gain of 0.61% for the day. The total traded volume was 1,649,290 . The stock had closed at $85.84 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Omnicom Group Inc., Rice Linda Johnson had sold 824 shares worth of $69,669 in a transaction dated August 16, 2016. In this transaction, 824 shares were sold at $84.55 per share.

Omnicom Group Inc. is a holding company. The Company provides advertising, marketing and corporate communications services. The Companys branded networks and agencies operate in markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications. Its services in these disciplines include advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communications, data analytics and database management, among others. Its advertising brands include BBDO Worldwide, DDB Worldwide and TBWA Worldwide. The Companys branded agency networks operate in geographic regions, including the Americas, which includes North America and Latin America; EMEA, which includes Europe, the Middle East and Africa, and Asia Pacific, which includes Australia, China, India, Japan, Korea, New Zealand, Singapore and other Asian countries.

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