Large Inflow of Money Witnessed in Western Union Company (The)

Western Union Company (The) (WU) : Western Union Company (The) (WU) had a healthy money flow of $1.18 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $2.51 million, whereas, investors only sold shares worth $1.32 million on downticks. The stock closed the day with an up-down ratio of 1.89.The money flow in the block trades to the tune of $1.13 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $1.13 million worth of transactions were on upticks. Western Union Company (The) (WU) stock slid $0.1 intraday and traded at 19.08, a change of -0.52% over previous days close. However, for the week, the company shares are -1.45% compared to previous weeks close.


Western Union Company (The) (WU) : The most positive equity analysts on Western Union Company (The) (WU) expects the shares to touch $24, whereas, the least positive believes that the stock will trade at $15 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $18.71 with an expected fluctuation of $2.4 from the mean. The stock has recorded a 20-day Moving Average of 0.07% and the 50-Day Moving Average is 0.83%.

Western Union Company (The) (NYSE:WU): The stock opened at $18.81 on Thursday but the bulls could not build on the opening and the stock topped out at $19.21 for the day. The stock traded down to $18.81 during the day, due to lack of any buying support eventually closed down at $19.00 with a loss of -0.94% for the day. The stock had closed at $19.18 on the previous day. The total traded volume was 2,950,298 shares.

The Western Union Company (Western Union) is a global provider of money movement and payment services. The Company classifies its businesses into three: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Consumer-to-Consumer operating segment facilitates money transfers between two consumers, primarily through a network of third-party agents. The Consumer-to-Business operating segment facilitates bill payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies and other businesses. The Consumer-to-Business payments services are available through a variety of services that include Speedpay, Pago Facil and Western Union Payments. The Business Solutions operating segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions for small and medium size enterprises and other organizations and individuals.

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