Large Inflow of Money Witnessed in Alleghany Corporation

Alleghany Corporation (Y) stock had a bullish inflow of $0.38 million worth of trades on uptick and an outflow of $0.11 million in downticks on Thursday. The total uptick to downtick ratio stood at 3.53. The net money flow into the stock was $0.27 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 $0 million. $0 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Alleghany Corporation (Y) stock traded down $3.61 , and reached $541.22, a drop of -0.66% over the previous day. On a weekly basis, the stock is 0.59%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 2.19% and the 50-Day Moving Average is 2.41%.

Alleghany Corporation (NYSE:Y): The stock opened at $547.65 on Thursday but the bulls could not build on the opening and the stock topped out at $547.65 for the day. The stock traded down to $539.05 during the day, due to lack of any buying support eventually closed down at $541.83 with a loss of -0.55% for the day. The stock had closed at $544.83 on the previous day. The total traded volume was 45,599 shares.

Alleghany Corporation owns and manages its subsidiaries and investments in the property and casualty reinsurance and insurance business. The Company operates through two segments: reinsurance and insurance. The Companys reinsurance segment consists of the reinsurance operations of its subsidiary Transatlantic Holdings, Inc. and its reinsurance operating subsidiaries. The Company, through its wholly owned subsidiary Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries, provides property and casualty insurance services. AIHLs insurance operations are principally conducted by its subsidiaries, RSUI Group, Inc., CapSpecialty, Inc. and Pacific Compensation Corporation. AIHL Re LLC, a wholly owned subsidiary of the Company, provides captive reinsurance to its insurance operating subsidiaries and affiliates. The Company manages, sources, executes and monitors certain private capital investments primarily through its wholly owned subsidiary, Alleghany Capital Corporation (ACC).

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