Large Outflow of Money Witnessed in CenturyLink

CenturyLink (CTL): The stock had negative money flow to the tune of ($10.44 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $12.61 million, whereas, the outflow of money on downticks was $23.05 million and the ratio between the two was 0.55. The block trade had a negative net money flow of ($9.98 million). The total block trade value undertaken on upticks was $1.76 million. On the other hand, downticks amounted to $11.74 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.15. CenturyLink (CTL) closed with marginal gains of 20 cents to end the day at $27.94, an increase of 0.72% over the previous days close. The stock recorded -2.85% for the week.


The company Insiders own 0.61% of CenturyLink shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.72% . Institutional Investors own 73.62% of CenturyLink shares. During last six month period, the net percent change held by insiders has seen a change of -19.72%.

In a related news, Perry Harvey P, director of Centurylink, Inc, unloaded 20,000 shares at an average price of $31 on July 13, 2016. The total amount of the transaction was worth $620,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

CenturyLink (NYSE:CTL): The stock opened at $27.92 and touched an intraday high of $28.1 on Friday. During the day, the stock corrected to an intraday low of $27.77, however, the bulls stepped in and pushed the price higher to close in the green at $27.94 with a gain of 0.72% for the day. The total traded volume for the day was 3,048,215. The stock had closed at $27.74 in the previous trading session.

CenturyLink (CTL) : During the past 4 weeks, traders have been relatively bearish on CenturyLink (CTL), hence the stock is down -6.37% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.34% relative to the S&P 500. The 4-week change in the price of the stock is -6.49% and the stock has fallen -2.85% in the past 1 week.

CenturyLink, Inc. is an integrated communications company. The Company is engaged in providing an array of communications services to residential, business, governmental and wholesale customers. The Companys communications services include local and long-distance, broadband, private line, Multi-Protocol Label Switching (MPLS), data integration, managed hosting, colocation, Ethernet, network access, video, wireless and other ancillary services. The Company operates in two segments: Business and Consumer. The Business segment provides strategic, legacy and data integration products and services to enterprise, wholesale and governmental customers, including other communication providers. The Consumer segment provides strategic and legacy products and services to residential customers.

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