Large Inflow of Money Detected in Macerich Company (The)

Macerich Company (The) (MAC): $0.38 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 3.06. The value of trades done on upticks was $0.57 million, whereas, trades done on downticks were valued at $0.19 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 $0.1 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.1 million. Macerich Company (The) (MAC) fell $0.17 traded at $88.81, a change of -0.19% over the previous day. The stock is 1.51% for the week.


The stock has recorded a 20-day Moving Average of 5.56% and the 50-Day Moving Average is 11.02%. Shares have rallied 13.13% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $88.87 and the one year low was seen on May 19, 2016. The 50-Day Moving Average price is $80.33 and the 200 Day Moving Average price is recorded at $78.74.

Macerich Company (The) (NYSE:MAC): The stock opened at $89.00 on Thursday but the bulls could not build on the opening and the stock topped out at $89.00 for the day. The stock traded down to $88.14 during the day, due to lack of any buying support eventually closed down at $88.47 with a loss of -0.57% for the day. The stock had closed at $88.98 on the previous day. The total traded volume was 384,341 shares.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior EVP and COO) of Macerich Co, Perlmutter Robert D had sold 1,500 shares worth of $128,235 in a transaction dated July 1, 2016. In this transaction, 1,500 shares were sold at $85.49 per share.

The Macerich Company is a self-managed and self-administered real estate investment trust (REIT). The Company is engaged in the acquisition, ownership, development, redevelopment, management and leasing of regional and community/power shopping centers located throughout the United States. The Company, through its partnership and ownership interests in the Macerich Partnership, L.P., has an ownership interest in 51 regional shopping centers and eight community/power shopping centers. These 59 regional and community/power shopping centers (which include any related office space) consist of approximately 55 million square feet of gross leasable area (GLA). The Centers primarily included 194 Anchors totaling approximately 28 million square feet of GLA and approximately 6,000 Mall Stores and Freestanding Stores totaling approximately 26 million square feet of GLA.

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