Large Inflow of Money Witnessed in Philippine Long Distance Telephone Company

Philippine Long Distance Telephone Company (PHI): $0.78 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 3.47. The value of trades done on upticks was $1.1 million, whereas, trades done on downticks were valued at $0.32 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.77 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.77 million. Philippine Long Distance Telephone Company (PHI) fell $0.39 traded at $43.88, a change of -0.88% over the previous day. The stock is -2.05% for the week.


The stock has recorded a 20-day Moving Average of 0.03% and the 50-Day Moving Average is 9.95%.

Philippine Long Distance Telephone Company (NYSE:PHI): The stock opened at $44.55 on Thursday but the bulls could not build on the opening and the stock topped out at $44.57 for the day. The stock traded down to $43.40 during the day, due to lack of any buying support eventually closed down at $43.97 with a loss of -0.68% for the day. The stock had closed at $44.27 on the previous day. The total traded volume was 325,702 shares.

Philippine Long Distance Telephone Company (PLDT) is a telecommunications service provider in the Philippines. The Company operates in three business segments, including wireless, fixed line and others. The Company through its three business segments offers a range of telecommunications services across the Philippines fiber optic backbone and wireless, fixed line and satellite networks. The Company provides cellular and wireless broadband, satellite and other services through its wireless business. The Companys fixed line business group offers local exchange, international long distance, national long distance, data and other network, and miscellaneous services. Other business consists of PCEV, an investment holding company.

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