Large Outflow of Money Witnessed in CenturyLink

CenturyLink (NYSE:CTL) During the most recent session, the shares traded at 0.13 points or 0.49% higher at $27.37. The money flow data is unimpressive with the net money flow value of $(-87.14) million. As per the intraday data, the upticks measured $17.8 million and the downticks measured $104.94 million. As a result, the up/down ratio registered a value of 0.17. The shares have seen 1.53% price change for the week.A block trade also made an entry with $4.58 million flowing in through upticks while $91.26 million flew out through downticks. The block tradeoff had the up/down ratio of 0.05. The net money flow for this big transaction was $(-86.68) million.

Shares of CenturyLink, Inc. rose by 1.85% in the last five trading days and 4.23% for the last 4 weeks. CenturyLink, Inc. has dropped 11.62% during the last 3-month period . Year-to-Date the stock performance stands at 13.32%.

Currently the company Insiders own 0.61% of CenturyLink shares according to the proxy statements. Institutional Investors own 75.67% of CenturyLink shares. During last six month period, the net percent change held by insiders has seen a change of -20.56%. . On the companys insider trading activities,The officer (EVP, Global Ops & Shared Svcs) of Centurylink, Inc, Moreau Maxine L sold 3,841 shares at $30.23 on February 18, 2016. The Insider selling transaction had a total value worth of $116,113. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

CenturyLink (NYSE:CTL) rose 0.81% or 0.22 points on Friday and made its way into the gainers of the day. After trading began at $27.1 the stock was seen hitting $27.48 as a peak level and $27.08 as the lowest level. The stock ended up at $27.46. The daily volume was measured at 10,587,099 shares. The 52-week high of the share price is $33.01 and the 52-week low is $21.94. The company has a market cap of $14,995 million.

CenturyLink, Inc. is an integrated communications company. The Company is engaged in providing an array of communications services to residential, business, governmental and wholesale customers. The Companys communications services include local and long-distance, broadband, private line, Multi-Protocol Label Switching (MPLS), data integration, managed hosting, colocation, Ethernet, network access, video, wireless and other ancillary services. The Company operates in two segments: Business and Consumer. The Business segment provides strategic, legacy and data integration products and services to enterprise, wholesale and governmental customers, including other communication providers. The Consumer segment provides strategic and legacy products and services to residential customers.

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