Large Outflow of Money Witnessed in Service Corporation International

Service Corporation International (NYSE:SCI) managed to eke out gains of 0.08% in intraday trade. The share price increased by 0.02 points to $26.12. Till last observation, the net money flow was recorded at a negative $(-6.61) million. The total inflow of $2.28 million in upticks was completely overshadowed by an outflow of $8.89 million in downticks, giving the up/down ratio a value of 0.26. The shares have seen a change of -2.36% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $0.6 million and the composite value in downticks was $7.16 million. The resultant up/down ratio for the block exchange was 0.08. The block trade had a negative money flow of $(-6.56) million.

Service Corporation International has lost 2.1% in the last five trading days and dropped 2.03% in the last 4 weeks. Service Corporation International is up 10.45% in the last 3-month period. Year-to-Date the stock performance stands at 1.16%.

Currently the company Insiders own 6% of Service Corporation International shares according to the proxy statements. Institutional Investors own 83.76% of Service Corporation International shares. . On the companys insider trading activities,The director of Service Corporation International, Waltrip W Blair sold 1,424 shares at $27 on June 10, 2016. The Insider selling transaction had a total value worth of $38,448. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Service Corporation International (NYSE:SCI) witnessed a decline in the market cap on Friday as its shares dropped 0.15% or 0.04 points. After the session commenced at $26.28, the stock reached the higher end at $26.34 while it hit a low of $26.03. With the volume soaring to 1,504,278 shares, the last trade was called at $26.06. The company has a 52-week high of $32.02. The company has a market cap of $5,049 million and there are 193,728,520 shares in outstanding. The 52-week low of the share price is $20.2057.

Service Corporation International is a provider of death care products and services. The Company has a network of funeral service locations and cemeteries operating in the United States and Canada. Its funeral service and cemetery operations consist of funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria and related businesses. The Companys segments include Funeral and Cemetery. The Companys brands include Dignity Memorial, Dignity Planning, National Cremation Society, Advantage, Funeraria Del Angel, Making Everlasting Memories and Neptune Society/Trident Society. The Company sells cemetery property and funeral and cemetery merchandise and services at the time of need and on a pre-need basis. The Company provides professional services relating to funerals and cremations, including the use of funeral facilities and motor vehicles and preparation and embalming services.

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