MetLife (MET) : Investors lapped up stocks on upticks to the tune of $58.07 million in the Thursdays trading session. The trading value on downticks was comparatively at $50.59 million and the uptick to downtick ratio of 1.15 indicates continuous buying by the bulls. The net money flow into the stock was $7.48 million. The block trades were dominated by the bulls with a healthy 1.18, uptick to downtick ratio. Only $8.19 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $9.66 clearly indicating buying by large investors. The total money flow for block trades stood at $1.47 million, which is a positive for the stock in the long-term. MetLife (MET) fell $0.08 during the day at $38.27, a drop of -0.21% over the previous days close. However, for the week, the stock is -3.09%, compared to the previous week.
MetLife (MET) : The most positive equity analysts on MetLife (MET) expects the shares to touch $62, whereas, the least positive believes that the stock will trade at $44 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $52.7 with an expected fluctuation of $4.97 from the mean. The stock has recorded a 20-day Moving Average of 7.04% and the 50-Day Moving Average is 11.39%.
MetLife (NYSE:MET): The stock opened at $38.40 on Thursday but the bulls could not build on the opening and the stock topped out at $39.23 for the day. The stock traded down to $37.88 during the day, due to lack of any buying support eventually closed down at $38.27 with a loss of -0.21% for the day. The stock had closed at $38.35 on the previous day. The total traded volume was 8,384,756 shares.
MetLife, Inc. (MetLife) is a provider of life insurance, annuities, employee benefits and asset management. The Companys segments include Retail; Group, Voluntary & Worksite Benefits, and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively, the Americas); Asia, and Europe, the Middle East and Africa (EMEA). In addition, MetLifes Corporate & Other includes MetLife Home Loans LLC (MLHL), the surviving, non-bank entity of the merger of MetLife Bank, National Association (MetLife Bank) with and into MLHL, and other business activities. Through its subsidiaries and affiliates, it operates in the United States, Japan, Latin America, Asia, Europe and the Middle East. The Companys businesses in the Americas offer a range of protection products and services.