Large Inflow of Money Detected in Philip Morris International Inc

Philip Morris International Inc (PM) : The money flow analysis of Philip Morris International Inc (PM) indicates a $43.62 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $101.74 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 2.33 and so was the total money flow at $58.12 million. The bulls lapped up $54.9 million worth of block trades on upticks. The money flow was $54.9 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Philip Morris International Inc (PM), pushing it down by -0.05% for the day. The stock slid $0.05 and traded at $103.19 during the day. Nonetheless, the stock is 0.1% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 2.33% and the 50-Day Moving Average is 3.47%. Shares have rallied 25.04% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $103.67 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $100.40 and the 200 Day Moving Average price is recorded at $95.89.

Philip Morris International Inc (NYSE:PM): The stock opened at $103.38 on Thursday but the bulls could not build on the opening and the stock topped out at $103.66 for the day. The stock traded down to $102.74 during the day, due to lack of any buying support eventually closed down at $103.19 with a loss of -0.05% for the day. The stock had closed at $103.24 on the previous day. The total traded volume was 3,059,836 shares.

In an insider trading activity, The officer (Sr. VP & General Counsel), of Philip Morris International Inc., Firestone Marc S had unloaded 18,000 shares at $97.06 per share in a transaction on April 26, 2016. The total value of transaction was $1,747,080. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Philip Morris International Inc. is a holding company engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. The Companys products are sold in more than 180 markets, which include a range of international and local, premium, mid-price and low-price brands. Its premium price brands include Marlboro, Merit, Parliament and Virginia Slims; mid-price brands are L&M and Chesterfield, and international brands include Bond Street, Lark, Muratti, Next, Philip Morris and Red & White. Its local cigarette brands consist of Sampoerna, Dji Sam Soe and U Mild in Indonesia; Fortune, Champion and Hope in the Philippines; Diana in Italy; Optima and Apollo-Soyuz in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece, and Petra in the Czech Republic and Slovakia.

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