Large Outflow of Money Witnessed in Sirius XM Holdings

Sirius XM Holdings (SIRI) : Net money flow in Sirius XM Holdings (SIRI) was negative ($6.37 million) and the inflow of money on uptick was $28.58 million, whereas, the outflow of money on downticks amounted to $34.95 million on Wednesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.82. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $3.3 million. On the other hand, the total value of block trades done on downticks was $5.84 million. The ratio of uptick to downtick block trades was 0.56. The money flow in block trades was negative ($2.54). Sirius XM Holdings (SIRI) gained $0.01 cent during the day and reached $4.17, a gain of 0.12% over the previous day.


Sirius XM Holdings Inc. has dropped 0.36% in the last five trading days, however, the shares have posted positive gains of 0.12% in the last 4 weeks. Sirius XM Holdings Inc. is up 6.25% in the last 3-month period. Year-to-Date the stock performance stands at 2.33%.

Sirius XM Holdings (SIRI) : 8 brokerage houses believe that Sirius XM Holdings (SIRI) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Sirius XM Holdings (SIRI). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 14 Wall Street Analysts endorse the stock as a Buy with a rating of 1.86.

Sirius XM Holdings (NASDAQ:SIRI): The stock opened at $4.16 and touched an intraday high of $4.18 on Wednesday. During the day, the stock corrected to an intraday low of $4.15, however, the bulls stepped in and pushed the price higher to close in the green at $4.165 with a gain of 0.12% for the day. The total traded volume for the day was 45,448,302. The stock had closed at $4.16 in the previous trading session.

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