Large Inflow of Money Detected in Lamar Advertising Company

Lamar Advertising Company (LAMR) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $0.16 million worth of transactions were on upticks, whereas, the downticks accounted for $0.02 million worth of transactions. The net money flow was a positive $0.14 million and the uptick to downtick ratio was 8.1. The net money flow into the stock was $0.1 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.1 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Lamar Advertising Company (LAMR) was trading at $66.88, down $0.16 during day. The stock slid -0.24% over the previous days close. For the week, the stock recorded -1.14% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 3.57% and the 50-Day Moving Average is 5.34%. Shares have rallied 14.16% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $68.05 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $64.52 and the 200 Day Moving Average price is recorded at $60.46.

Lamar Advertising Company (NASDAQ:LAMR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $67.22 and $66.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $67.90. The buying momentum continued till the end and the stock did not give up its gains. It closed at $67.27, notching a gain of 0.34% for the day. The total traded volume was 591,371 . The stock had closed at $67.04 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Mumblow Stephen P, director of Lamar Advertising Co/New, had unloaded 10,000 shares at an average price of $63.5 in a transaction dated on June 16, 2016. The total value of the transaction was worth $635,000.

Lamar Advertising Company is an outdoor advertising company in the United States. The Company operates in the advertising segment. The Company sells advertising on billboards, buses, shelters, benches and logo plates. It operates three types of outdoor advertising displays: billboards, logo signs and transit advertising displays. As of December 31, 2012, the Company owned and operated over 144,000 billboard advertising displays in 44 states, Canada and Puerto Rico, over 115,000 logo advertising displays in 22 states and the province of Ontario, Canada, and operated over 34,000 transit advertising displays in 15 states, Canada and Puerto Rico. In August 2014, the Company acquired the assets of Marco Outdoor Advertising, Inc.

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