Shares of Delta Air Lines (NYSE:DAL) Sees Large Inflow of Net Money Flow

Delta Air Lines (NYSE:DAL) dropped slightly amid mild profit booking and the last known price was $37.95 per share. The price decreased by -0.07 points or -0.18% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $18.9 million. The total upticks were valued at $66.53 million and the total downticks aggregated to $47.63 million, thereby putting the up/down ratio at 1.4,. The shares have seen a change in the share price of -9.73% on a weekly basis.In a big block trade which occurred today, the total uptick value was $20.9 million and the total downtick value was $0.76, resulting in an up/down ratio of 27.46. The net money flow for the block trade was calculated to be $20.14 million.

Delta Air Lines, Inc. has lost 9.59% in the last five trading days and dropped 13.34% in the last 4 weeks. Delta Air Lines, Inc. has dropped 23.81% during the last 3-month period . Year-to-Date the stock performance stands at -24.53%.

Currently the company Insiders own 0.88% of Delta Air Lines shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -28.21% . Institutional Investors own 86.17% of Delta Air Lines shares. During last six month period, the net percent change held by insiders has seen a change of -25.45%. . On the companys insider trading activities,The officer (Sr. EVP & COO) of Delta Air Lines Inc /De/, West W Gilbert sold 12,000 shares at $44 on May 18, 2016. The Insider selling transaction had a total value worth of $528,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Delta Air Lines (NYSE:DAL) witnessed a decline in the market cap on Friday as its shares dropped 0.03% or 0.01 points. After the session commenced at $37.94, the stock reached the higher end at $38.24 while it hit a low of $37.68. With the volume soaring to 11,157,832 shares, the last trade was called at $38.01. The company has a 52-week high of $52.77. The company has a market cap of $29,328 million and there are 771,581,440 shares in outstanding. The 52-week low of the share price is $34.61.

Delta Air Lines, Inc. (Delta) provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Companys route network is centered on a system of hub and international gateway airports that it operates in Amsterdam, Atlanta, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita. The Companys segments include its Airline segment and Refinery segment. The Companys Airline segment provides scheduled air transportation for passengers and cargo and other ancillary airline services, including maintenance and repair services for third-parties. Its Refinery segment provides jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third-parties.

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