Large Inflow of Money Detected in Cigna Corporation

Cigna Corporation (CI) : Thursdays money flow indicated an uptick to downtick ratio was at 1.92. The total value of inflow transactions on upticks was $85.82 million, whereas, the total value of outflow trades on downticks was $44.6 million. The total money flow was $41.22 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $40.4 million. The total value of the trades done on upticks was $61.76 million. Downticks saw transactions worth $21.36 million. The total uptick to downtick ratio stood at 2.89, mildly in favor of the bulls. Cigna Corporation (CI) was trading with a -0.14% change over previous days close. It fell $0.18 during the day and reached $130.01. The stock was 0.32% compared to the previous weeks close.


The stock has recorded a 20-day Moving Average of 1.68% and the 50-Day Moving Average is 0.76%. Shares have dropped -17.21% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $158.00 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $128.00 and the 200 Day Moving Average price is recorded at $134.78.

Cigna Corporation (NYSE:CI): The stock opened at $130.69 on Thursday but the bulls could not build on the opening and the stock topped out at $130.99 for the day. The stock traded down to $129.72 during the day, due to lack of any buying support eventually closed down at $130.01 with a loss of -0.14% for the day. The stock had closed at $130.19 on the previous day. The total traded volume was 1,757,696 shares.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (President & CEO) of Cigna Corp, Cordani David had sold 71,006 shares worth of $9,881,195 in a transaction dated March 4, 2016. In this transaction, 71,006 shares were sold at $139.16 per share.

Cigna Corporation (Cigna), together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products and services. The Company operates in three segments: Global Health Care, Global Supplemental Benefits and Group Disability and Life. The Global Health Care segment aggregates the commercial and Government operating segments. The Global Supplemental Benefits segment offers supplemental health, life and accident insurance products. The Group Disability and Life segment provides group long-term and short-term disability insurance, group life insurance, accident and specialty insurance and related services. Cigna offers commercial health and dental insurance, Medicare and Medicaid products and health, life and accident insurance coverages to individuals. It offers personal accident insurance coverage, consisting of accidental death and dismemberment and travel accident insurance.

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