Shares of Molina Healthcare Inc (MOH) Sees Large Inflow of Net Money Flow

Molina Healthcare Inc (MOH): $0.46 million was the positive money flow into the stock on Friday and the up/down ratio of ticks was also in favor of the bulls at 4.06. The value of trades done on upticks was $0.61 million, whereas, trades done on downticks were valued at $0.15 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0 million. Molina Healthcare Inc (MOH) fell $0.06 traded at $53.49, a change of -0.1% over the previous day. The stock is -1.21% for the week.


The company Insiders own 6.89% of Molina Healthcare Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.13% . Institutional Investors own 88.22% of Molina Healthcare Inc shares. During last six month period, the net percent change held by insiders has seen a change of -3.66%.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Molina Healthcare Inc, Romney Ronna had sold 250 shares worth of $13,750 in a transaction dated September 2, 2016. In this transaction, 250 shares were sold at $55 per share.

Molina Healthcare Inc (NYSE:MOH): The stock opened at $53.64 and touched an intraday high of $55.33 on Friday. During the day, the stock corrected to an intraday low of $53.06, however, the bulls stepped in and pushed the price higher to close in the green at $55.33 with a gain of 3.34% for the day. The total traded volume for the day was 1,285,517. The stock had closed at $53.54 in the previous trading session.

Molina Healthcare Inc (MOH) has been under a strong bear grip, hence the stock is down -5.76% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.69% in the past 1 week. The stock has risen by 2.2% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.89% in the past 4 weeks.

Molina Healthcare, Inc. provides health care to those receiving Government assistance. The Company offers Medicaid-related solutions for low-income families and individuals, and assists state agencies in their administration of the Medicaid program. The Company operates through two segments: Health Plans segment and Molina Medicaid Solutions segment. The Companys Health Plans segment consists of health plans in around 11 states, and includes its direct delivery business. The Companys direct delivery business consists primarily of the management of a hospital in southern California, and the operation of primary care clinics in several states in which the Company operates. The Companys Molina Medicaid Solutions segment provides business processing and information technology development, and administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, West Virginia, and the United States Virgin Islands, and drug rebate administration services in Florida.

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