Large Inflow of Money Detected in Monster Beverage Corporation

Monster Beverage Corporation (MNST) : Thursdays money flow data in Monster Beverage Corporation (MNST) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $12.01 million, whereas, $9.18 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.31, in favor of the bulls. The total money flow into the stock was $2.83 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.1 million. The total value of block trades done on upticks was $0.1 million. Monster Beverage Corporation (MNST) fell $0.04 and traded at $161.74, down -0.02% for the day, over previous days close. On a weekly basis, the shares are 0.15% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 2.5% and the 50-Day Moving Average is 5.58%. Shares have rallied 15.50% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $162.56 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $155.04 and the 200 Day Moving Average price is recorded at $140.62.

Monster Beverage Corporation (NASDAQ:MNST): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $162.09 and $160.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $162.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $162.11, notching a gain of 0.20% for the day. The total traded volume was 511,746 . The stock had closed at $161.78 on the previous day.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Vice Chairman and President) of Monster Beverage Corp, Schlosberg Hilton H had sold 2,001,350 shares worth of $312,210,600 in a transaction dated June 15, 2016. In this transaction, 2,001,350 shares were sold at $156 per share.

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Your email address will not be published.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.