Large Inflow of Money Detected in Altria Group

Altria Group (MO) : On Thursday, The money flowed into the Altria Group (MO) stock with an uptick to downtick ratio was recorded at 1.38. Transactions worth $92.79 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $67.4 million. The total money flow into the stock was $25.39 million. The block trades reveal a bullish bias with an up-down ratio of 4.63. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $46.1 million of block transactions on upticks. The value of block trades on downticks was $9.95 million, indicating lower selling interest. The total money flow in block trades was $36.15 million. In terms of price action, Altria Group (MO) traded down $0.16 during the session at $68.92. Compared to the previous days closing, the stock was down only by -0.23%. For the week, the stock is -1.3%, over previous weeks closing.


The stock has recorded a 20-day Moving Average of 1.64% and the 50-Day Moving Average is 5.45%. Shares have rallied 36.07% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $70.15 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $66.26 and the 200 Day Moving Average price is recorded at $62.51.

Altria Group (NYSE:MO): The stock opened at $68.88 on Thursday but the bulls could not build on the opening and the stock topped out at $69.31 for the day. The stock traded down to $68.70 during the day, due to lack of any buying support eventually closed down at $68.92 with a loss of -0.23% for the day. The stock had closed at $69.08 on the previous day. The total traded volume was 5,170,481 shares.

In an insider trading activity,The director of Altria Group, Inc., Munoz George sold 12,571 shares at $62.85 on May 20, 2016. The Insider selling transaction had a total value worth of $790,087. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Altria Group, Inc. is a holding company. The Companys reportable segments include smokeable products, smokeless products and wine. As of December 31, 2014, Altria Group, Inc.s wholly owned subsidiaries included Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco, and is a wholly owned subsidiary of PM USA, and UST LLC (UST), which through its wholly owned subsidiaries, including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle) is engaged in the manufacture and sale of smokeless products and wine.

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