Large Inflow of Money Detected in Constellation Brands Inc

Constellation Brands Inc (STZ): $8.86 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 1.27. The value of trades done on upticks was $41.76 million, whereas, trades done on downticks were valued at $32.9 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 $9.39 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $9.39 million. Constellation Brands Inc (STZ) fell $0.61 traded at $162.91, a change of -0.37% over the previous day. The stock is -1.86% for the week.


The stock has recorded a 20-day Moving Average of 2.07% and the 50-Day Moving Average is 3.1%.

Constellation Brands Inc (NYSE:STZ): The stock opened at $164.00 on Thursday but the bulls could not build on the opening and the stock topped out at $164.99 for the day. The stock traded down to $162.57 during the day, due to lack of any buying support eventually closed down at $162.91 with a loss of -0.37% for the day. The stock had closed at $163.52 on the previous day. The total traded volume was 1,001,202 shares.

In an insider trading activity, Klein David Eric, officer (Exec Vice Pres. & CFO) of Constellation Brands, Inc., unloaded 14,300 shares at an average price of $166.27 on July 5, 2016. The total amount of the transaction was worth $2,377,661, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Constellation Brands, Inc. is an international beverage alcohol company. The Companys operating segments include Beer, Wine and Spirits and Corporate Operations and Other. The Companys wine portfolio is complemented by select spirits brands and other select beverage alcohol products. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States. The Companys customers include wholesale distributors, retailers, on premise locations and government alcohol beverage control agencies. In the United States, the Company operates 19 wineries using varieties of grapes grown in the Napa, Sonoma, Monterey and San Joaquin regions of California. It also operates eight wineries in Canada, four wineries in New Zealand and five wineries in Italy. The Companys Canadian whisky requirements are produced and aged at its Canadian distillery in Lethbridge, Alberta.

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