Large Inflow of Money Detected in American Campus Communities Inc

American Campus Communities Inc (ACC): $5.95 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.67. The value of trades done on upticks was $14.86 million, whereas, trades done on downticks were valued at $8.91 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 $7.17 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $7.17 million. American Campus Communities Inc (ACC) fell $0.87 traded at $51.82, a change of -1.65% over the previous day. The stock is -1.16% for the week.


The stock has recorded a 20-day Moving Average of 1.87% and the 50-Day Moving Average is 6.98%. Shares have rallied 34.48% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $53.09 and the one year low was seen on Sep 10, 2015. The 50-Day Moving Average price is $48.90 and the 200 Day Moving Average price is recorded at $45.29.

American Campus Communities Inc (NYSE:ACC): The stock opened at $52.50 on Thursday but the bulls could not build on the opening and the stock topped out at $52.53 for the day. The stock traded down to $51.77 during the day, due to lack of any buying support eventually closed down at $51.82 with a loss of -1.65% for the day. The stock had closed at $52.69 on the previous day. The total traded volume was 1,102,553 shares.

In an insider trading activity,The Officer (Evp Publicprivate Transactions) of AMERICAN CAMPUS COMMUNITIES INC, Wilhelm James E Iii sold 1,150 shares at $51.51 on June 28, 2016. The Insider selling transaction had a total value worth of $59,237. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

American Campus Communities, Inc. is a real estate investment trust (REIT). The Company holds an approximate 98.8% limited partnership interest in American Campus Communities Operating Partnership L.P. The Company owns, manages and develops student housing properties in the United States in terms of beds owned and under management. It is a self-managed and self-administered equity REIT engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties. The Companys total owned and third-party managed portfolio includes approximately 204 properties with 130,700 beds in 44,300 units. Its property portfolio consists of approximately 145 owned off-campus student housing properties. It operates under four segments: Wholly-Owned Properties, On-Campus Participating Properties, Development Services and Property Management Services.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.