Large Inflow of Money Detected in T-Mobile US

T-Mobile US (TMUS) : Investors lapped up stocks on upticks to the tune of $17.4 million in the Thursdays trading session. The trading value on downticks was comparatively at $12.61 million and the uptick to downtick ratio of 1.38 indicates continuous buying by the bulls. The net money flow into the stock was $4.79 million. The block trades were dominated by the bulls with a healthy 8.35, uptick to downtick ratio. Only $0.66 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $5.53 clearly indicating buying by large investors. The total money flow for block trades stood at $4.87 million, which is a positive for the stock in the long-term. T-Mobile US (TMUS) fell $0.18 during the day at $44.03, a drop of -0.41% over the previous days close. However, for the week, the stock is 1.03%, compared to the previous week.


The stock has recorded a 20-day Moving Average of 2.87% and the 50-Day Moving Average is 4.63%. Shares have rallied 11.66% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $44.13 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $42.69 and the 200 Day Moving Average price is recorded at $39.60.

T-Mobile US (NYSE:TMUS): The stock opened at $44.50 on Thursday but the bulls could not build on the opening and the stock topped out at $44.60 for the day. The stock traded down to $43.97 during the day, due to lack of any buying support eventually closed down at $44.03 with a loss of -0.41% for the day. The stock had closed at $44.21 on the previous day. The total traded volume was 2,832,404 shares.

In an insider trading activity,The officer (EVP & Chief Technology Officer) of T-Mobile Us, Inc., Ray Neville R sold 6,945 shares at $44 on June 8, 2016. The Insider selling transaction had a total value worth of $305,580. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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