Large Inflow of Money Detected in Amerco

Amerco (UHAL) : On Thursday, The money flowed into the Amerco (UHAL) stock with an uptick to downtick ratio was recorded at 1.8. Transactions worth $5.72 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $3.18 million. The total money flow into the stock was $2.54 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0.1 million of block transactions on upticks. The total money flow in block trades was $0.1 million. In terms of price action, Amerco (UHAL) traded down $1.23 during the session at $388.09. Compared to the previous days closing, the stock was down only by -0.32%. For the week, the stock is 0.61%, over previous weeks closing.


The stock has recorded a 20-day Moving Average of 4.02% and the 50-Day Moving Average is 4.91%. Shares have rallied 17.35% from its 1 Year high price. On Nov 27, 2015, the shares registered one year high at $436.89 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $372.35 and the 200 Day Moving Average price is recorded at $357.13.

Amerco (NASDAQ:UHAL): The stock opened at $390.00 on Thursday but the bulls could not build on the opening and the stock topped out at $390.00 for the day. The stock traded down to $385.07 during the day, due to lack of any buying support eventually closed down at $388.09 with a loss of -0.32% for the day. The stock had closed at $389.32 on the previous day. The total traded volume was 44,440 shares.

In an insider trading activity,The director of Amerco /Nv/, Mullen Daniel Robert sold 2,000 shares at $367 on June 15, 2016. The Insider selling transaction had a total value worth of $734,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

AMERCO is a do-it-yourself moving and storage operator through its subsidiary U-Haul International, Inc. (U-Haul). The Company supplies products and services to help people move and store their household and commercial goods. It operates through three segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment consists of AMERCO, U-Haul, and Real Estate and the subsidiaries of U-Haul and Real Estate. It consists of the rental of trucks, trailers, portable moving and storage unit, specialty rental items and self-storage spaces primarily to the household mover, and sales of moving supplies, towing accessories and propane. The Property and Casualty Insurance segment consists of Repwest and its subsidiaries and ARCOA. It provides loss adjusting and claims handling for U-Haul through regional offices across North America. The Life Insurance segment consists of Oxford and its subsidiaries and provides life and health insurance products.

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