Large Outflow of Money Witnessed in CBRE Group

CBRE Group (CBG) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($2.4 million) and the uptick to downtick ratio was 0.64. The transaction value on upticks was $4.29 million and on downticks, the transaction value was $6.69 million. In block trades, the transaction value of inflow done during uptick was $0.29 million. The transaction value of block trades during downticks was $1.42 million. The uptick to downtick block trade ratio was 0.2. The money flow was negative ($1.13 million), indicating the traders were booking profit on the price strength. CBRE Group (CBG) rose $0.04 at $28.33, during intraday Wednesday , a rise of 0.14% over the previous days close.


CBRE Group, Inc. has lost 1.22% in the last five trading days and dropped 4.57% in the last 4 weeks. CBRE Group, Inc. is up 7.13% in the last 3-month period. Year-to-Date the stock performance stands at -17.9%.

CBRE Group (CBG) : 4 analysts are covering CBRE Group (CBG) and their average rating on the stock is 1.5, which is read as a Strong Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

CBRE Group (NYSE:CBG): The stock opened at $28.45 and touched an intraday high of $28.84 on Wednesday. During the day, the stock corrected to an intraday low of $28.19, however, the bulls stepped in and pushed the price higher to close in the green at $28.39 with a gain of 0.35% for the day. The total traded volume for the day was 2,150,637. The stock had closed at $28.29 in the previous trading session.

CBRE Group, Inc. is a holding company that conducts all of its operations through its indirect subsidiaries. The Company is a commercial real estate services and investment firm. The Company operates through the segments: Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Management, and Development Services. It offers services to occupiers, owners, lenders and investors in office retail industrial multifamily and other types of commercial real estate. Its business is focused on competencies, including commercial property and corporate facilities management, tenant/occupier and property/agency leasing, capital markets solutions (property sales, commercial mortgage origination and servicing, and debt/structured finance), real estate investment management, valuation, development services and research. It generates revenues from management fees on a contractual and per-project basis and from commissions on transactions. It also offers Global Workplace Solutions.

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