Large Inflow of Money Witnessed in Reynolds American Inc

Reynolds American Inc (RAI): $9 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 1.36. The value of trades done on upticks was $34.3 million, whereas, trades done on downticks were valued at $25.3 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 $12.68 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $1.42 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 8.9 was strongly in favor of the bulls. The money flow in block trades was $11.26 million. Reynolds American Inc (RAI) fell $0.64 traded at $52.97, a change of -1.19% over the previous day. The stock is -1.41% for the week.


Reynolds American Inc (RAI) : The consensus price target for Reynolds American Inc (RAI) is $54.14 for the short term with a standard deviation of $3.53. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $58, however, the pessimist price target for the company is $48. The stock has recorded a 20-day Moving Average of 2.61% and the 50-Day Moving Average is 4.97%.

Reynolds American Inc (NYSE:RAI): The stock opened at $53.67 on Thursday but the bulls could not build on the opening and the stock topped out at $53.76 for the day. The stock traded down to $52.91 during the day, due to lack of any buying support eventually closed down at $52.97 with a loss of -1.19% for the day. The stock had closed at $53.61 on the previous day. The total traded volume was 4,765,872 shares.

Reynolds American Inc. (RAI) is a holding company. The Company operates through three segments: RJR Tobacco, American Snuff and Santa Fe. The RJR Tobacco segment consists principally of the primary operations of R. J. Reynolds Tobacco Company. The American Snuff segment consists of the primary operations of American Snuff Co. The Santa Fe segment consists of the domestic operations of Santa Fe Natural Tobacco Company Inc. (SFNTC). The Companys wholly owned subsidiaries include R. J. Reynolds Tobacco Company, American Snuff Company, LLC (American Snuff Co.), Lorillard, Inc., Santa Fe Natural Tobacco Company, Inc. (SFNTC), R. J. Reynolds Vapor Company (RJR Vapor), Niconovum USA, Inc. and Niconovum AB.

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