Large Outflow of Money Witnessed in Omnicom Group

Omnicom Group (OMC) : The total money flow in Omnicom Group (OMC) was negative ($3.6 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $14.51 million. In comparison, the inflow of money into the stock on upticks was $10.91 million. The uptick to downtick ratio was 0.75. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $3.23 million. The negative money flow of ($3.23 million) confirms the selling in Omnicom Group (OMC) on strength. Omnicom Group (OMC) gained $0.43 at $83.21, a gain of 0.52% over the previous days close. However, the stock registered 0.11% in the week.


Omnicom Group Inc. has dropped 1.96% during the last 3-month period . Year-to-Date the stock performance stands at 11.17%. Omnicom Group Inc. has dropped 1.1% in the last five trading days, however, the shares have posted positive gains of 1.63% in the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chairman) of Omnicom Group Inc., Crawford Bruce had sold 22,800 shares worth of $1,922,268 in a transaction dated June 9, 2016. In this transaction, 22,800 shares were sold at $84.31 per share.

Omnicom Group (NYSE:OMC): stock turned positive on Monday. Though the stock opened at $82.72, the bulls momentum made the stock top out at $83.35 level for the day. The stock recorded a low of $82.441 and closed the trading day at $83.04, in the green by 0.31%. The total traded volume for the day was 1,043,419. The stock had closed at $82.78 in the previous days trading.

Omnicom Group Inc. is a holding company. The Company provides advertising, marketing and corporate communications services. The Companys branded networks and agencies operate in markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications. Its services in these disciplines include advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communications, data analytics and database management, among others. Its advertising brands include BBDO Worldwide, DDB Worldwide and TBWA Worldwide. The Companys branded agency networks operate in geographic regions, including the Americas, which includes North America and Latin America; EMEA, which includes Europe, the Middle East and Africa, and Asia Pacific, which includes Australia, China, India, Japan, Korea, New Zealand, Singapore and other Asian countries.

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