Large Inflow of Money Detected in United Rentals

United Rentals (URI) stock had a bullish inflow of $4.42 million worth of trades on uptick and an outflow of $3.88 million in downticks on Thursday. The total uptick to downtick ratio stood at 1.14. The net money flow into the stock was $0.54 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.76 million. $1.76 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, United Rentals (URI) stock traded down $0.88 , and reached $68.36, a drop of -1.27% over the previous day. On a weekly basis, the stock is 1.36%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 3.78% and the 50-Day Moving Average is 4.15%. Shares have dropped -16.77% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $82.63 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $68.46 and the 200 Day Moving Average price is recorded at $61.25.

United Rentals (NYSE:URI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $68.74 and $67.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $69.59, notching a gain of 0.51% for the day. The total traded volume was 1,330,152 . The stock had closed at $69.24 on the previous day.

In an insider trading activity, The director, of United Rentals Inc /De, Mcallister Singleton B had unloaded 5,600 shares at $60.69 per share in a transaction on May 13, 2016. The total value of transaction was $339,864. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

United Rentals, Inc. (United Rentals) is a holding company engaged in the business of equipment rental. The Company conducts its operations through its wholly owned subsidiary, United Rentals (North America), Inc. (URNA), and its subsidiaries. It operates in two segments: general rentals and trench safety, power and heating, ventilating and air conditioning (HVAC), and pump solutions. The general rentals segment consists of around 12 geographic regions, including eastern Canada, Gulf South, Mid-Atlantic, Mid-Central, Midwest, Mountain West, Northeast, Pacific West, South, Southeast and Western Canada, among others. The trench safety, power and HVAC, and pump solutions segment includes the rental of specialty construction products and related services. It offers approximately 3,300 classes of equipment on an hourly, daily, weekly or monthly basis to construction and industrial companies, manufacturers, utilities, municipalities, homeowners, Government entities and other customers.

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