Large Inflow of Money Witnessed in Exxon Mobil Corporation

Exxon Mobil Corporation (XOM) : Exxon Mobil Corporation (XOM) had a healthy money flow of $2.2 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $99.95 million, whereas, investors only sold shares worth $97.75 million on downticks. The stock closed the day with an up-down ratio of 1.02.The money flow in the block trades to the tune of $7.09 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $20.15 million worth of transactions were on upticks. A paltry $13.06 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 1.54. Exxon Mobil Corporation (XOM) stock slid $0.86 intraday and traded at 93.23, a change of -0.91% over previous days close. However, for the week, the company shares are -0.65% compared to previous weeks close.


Exxon Mobil Corporation (XOM) : Average target price received by Exxon Mobil Corporation (XOM) is $88.6 with an expected standard deviation of $7.66. The most aggressive target on the stock is $96, whereas the most downbeat target is $72. 10 financial analysts are currently covering the stock. The stock has recorded a 20-day Moving Average of 1.79% and the 50-Day Moving Average is 3.49%.

Exxon Mobil Corporation (NYSE:XOM): The stock opened at $94.34 on Thursday but the bulls could not build on the opening and the stock topped out at $94.49 for the day. The stock traded down to $92.35 during the day, due to lack of any buying support eventually closed down at $92.96 with a loss of -1.20% for the day. The stock had closed at $94.09 on the previous day. The total traded volume was 12,240,670 shares.

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas. The Company is involved in the manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a variety of specialty products. The Companys projects include the Kearl project, Heidelberg project, the Point Thomson project, the Hadrian South project, the Lucius project, the Chirag Oil project, the Tapis Enhanced Oil Recovery project, the Damar project, and the Barzan project, among others. The Company is conducting its operations and projects in the United States, Asia, Africa, Canada/South America, Europe and Australia/Oceania.

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