Shares of Twenty-First Century Fox (FOX) Sees Large Outflow of Money

Twenty-First Century Fox (FOX) : Money flow in the Twenty-First Century Fox (FOX) stock was negative (19.69 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 $7.77 million, compared to $27.46 million on downticks. The total uptick to downtick ratio was 0.28, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($18.84 million), indicating selling on the strength. The transaction value during uptick in block trades was $0.25 million. Downtick transaction value in block trades amounted to $19.1 million, indicating persistent selling. The uptick to downtick ratio was 0.01. Twenty-First Century Fox (FOX) traded $0.05 higher at $25.05 gaining 0.2% over the previous days close.


Twenty-First Century Fox, Inc. has lost 2.36% in the last five trading days and dropped 8.44% in the last 4 weeks. Twenty-First Century Fox, Inc. has dropped 16.33% during the last 3-month period . Year-to-Date the stock performance stands at -8.25%.

Twenty-First Century Fox (NASDAQ:FOX): The stock opened at $25.20 on Tuesday but the bulls could not build on the opening and the stock topped out at $25.20 for the day. The stock traded down to $24.85 during the day, due to lack of any buying support eventually closed down at $24.85 with a loss of -0.80% for the day. The stock had closed at $25.05 on the previous day. The total traded volume was 2,936,340 shares.

In a related news, Murdoch Keith Rupert, director officer (Executive Chairman) of Twenty-First Century Fox, Inc., unloaded 53,349 shares at an average price of $25.99 on August 15, 2016. The total amount of the transaction was worth $1,386,541, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Twenty-First Century Fox, Inc. is a media and entertainment company. The Company operates through segments: Cable Network Programming, Television, Filmed Entertainment, and Other, Corporate and Eliminations. The Company produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies and online video distributors in the United States and internationally. The Company is engaged in the operation of broadcast television stations and the broadcasting of network programming in the United States. The Company is engaged in the production and acquisition of live-action and animated motion pictures for distribution and licensing in all formats in all entertainment media, and the production and licensing of television programming around the world.

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