Large Outflow of Money Witnessed in MetLife

MetLife (MET) : Net money flow in MetLife (MET) was negative ($20.09 million) and the inflow of money on uptick was $46.33 million, whereas, the outflow of money on downticks amounted to $66.41 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.7. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $1.04 million. On the other hand, the total value of block trades done on downticks was $20.85 million. The ratio of uptick to downtick block trades was 0.05. The money flow in block trades was negative ($19.82). MetLife (MET) gained $0.48 cent during the day and reached $43.09, a gain of 1.13% over the previous day.


MetLife, Inc. has dropped 3.51% during the last 3-month period . Year-to-Date the stock performance stands at -9%. Shares of MetLife, Inc. rose by 8.32% in the last five trading days and 2.06% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Morris Maria R, officer (EVP, Global Employee Benefits) of Metlife Inc, had unloaded 2,000 shares at an average price of $39.43 in a transaction dated on July 1, 2016. The total value of the transaction was worth $78,860.

MetLife (NYSE:MET): stock turned positive on Monday. Though the stock opened at $42.56, the bulls momentum made the stock top out at $43.46 level for the day. The stock recorded a low of $42.46 and closed the trading day at $43.09, in the green by 1.13%. The total traded volume for the day was 8,389,589. The stock had closed at $42.61 in the previous days trading.

MetLife, Inc. (MetLife) is a provider of life insurance, annuities, employee benefits and asset management. The Companys segments include Retail; Group, Voluntary & Worksite Benefits, and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively, the Americas); Asia, and Europe, the Middle East and Africa (EMEA). In addition, MetLifes Corporate & Other includes MetLife Home Loans LLC (MLHL), the surviving, non-bank entity of the merger of MetLife Bank, National Association (MetLife Bank) with and into MLHL, and other business activities. Through its subsidiaries and affiliates, it operates in the United States, Japan, Latin America, Asia, Europe and the Middle East. The Companys businesses in the Americas offer a range of protection products and services.

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