Large Inflow of Money Detected in XL Group plc

XL Group plc (XL) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $14.36 million worth of transactions were on upticks, whereas, the downticks accounted for $12.45 million worth of transactions. The net money flow was a positive $1.91 million and the uptick to downtick ratio was 1.15. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 1.45 in their favor. The net money flow into the stock was $1.36 million. The value of block trades done on downticks was only $3.02 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $4.38 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. XL Group plc (XL) was trading at $32.68, down $0.51 during day. The stock slid -1.52% over the previous days close. For the week, the stock recorded -1.01% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 1.05% and the 50-Day Moving Average is 0.86%. Shares have dropped -14.38% from its 1 Year high price. On Dec 30, 2015, the shares registered one year high at $40.48 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $33.08 and the 200 Day Moving Average price is recorded at $34.88.

XL Group plc (NYSE:XL): The stock opened at $33.53 on Thursday but the bulls could not build on the opening and the stock topped out at $33.60 for the day. The stock traded down to $32.60 during the day, due to lack of any buying support eventually closed down at $32.64 with a loss of -1.63% for the day. The stock had closed at $33.18 on the previous day. The total traded volume was 3,106,139 shares.

In an insider trading activity, Whelley Eileen Goss, officer (Chief Human Resource Officer) of Xl Group Plc had purchased 1,500 shares on May 3, 2016 in a transaction. The price per share was $32.3 and the total amount of the disclosed transaction was $48,450.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

XL Group plc, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises on a worldwide basis. The Company is organized into two operating segments: Insurance and Reinsurance. The Companys insurance operations are organized into four business groups: International Property and Casualty, North America Property and Casualty, Global Professional Lines and Global Specialty Lines. Its insurance operations provide customized insurance policies for complex corporate risks that may require large limits and are marketed and distributed through a wide variety of local, national and international producers. The Companys reinsurance operations are structured geographically into business groups: Bermuda, North America and International (Europe, Asia Pacific, Latin America and Middle East North Africa (MENA)).

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