Large Outflow of Money Witnessed in AvalonBay Communities

AvalonBay Communities (AVB): The stock had negative money flow to the tune of ($3.64 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $12.36 million, whereas, the outflow of money on downticks was $16 million and the ratio between the two was 0.77. The block trade had a negative net money flow of ($0.1 million). On the other hand, downticks amounted to $0.1 million of the traded value, which shows distribution in the stock by traders. AvalonBay Communities (AVB) closed with marginal gains of 10 cents to end the day at $183.36, an increase of 0.05% over the previous days close. The stock recorded -0.85% for the week.


Avalonbay Communities Inc. is up 0.81% in the last 3-month period. Year-to-Date the stock performance stands at 0.98%. Avalonbay Communities Inc. has dropped 0.75% in the last five trading days, however, the shares have posted positive gains of 5.96% in the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Mclaughlin William M, officer (Executive Vice President) of Avalonbay Communities Inc, had unloaded 10,000 shares at an average price of $190.93 in a transaction dated on May 10, 2016. The total value of the transaction was worth $1,909,300.

AvalonBay Communities (NYSE:AVB): On Mondays trading session , Opening price of the stock was $183.11 with an intraday high of $183.555. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $182.54. However, the stock managed to close at $183.16, a loss of 0.05% for the day. On the previous day, the stock had closed at $183.26. The total traded volume of the day was 476,180 shares.

AvalonBay Communities, Inc. is a real estate investment trust (REIT). The Company develops, redevelops, acquires, owns and operates multifamily communities primarily in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California. It focuses on metropolitan areas in these regions. The Company operates in three segments: Established Communities, Other Stabilized Communities and Development/Redevelopment Communities. It owns an ownership interest in around 252 operating apartment communities containing 74,240 apartment homes in 11 states and the District of Columbia, of which around 228 communities contain around 66,631 apartment homes; two communities containing over 618 apartment homes were held by joint ventures in which it holds an ownership interest, and approximately 22 communities contain around 6,991 apartment homes. It operates apartment communities under three core brands: Avalon, AVA and Eaves by Avalon.

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