Large Outflow of Money Witnessed in Constellation Brands Inc

Constellation Brands Inc (STZ) : Net money flow in Constellation Brands Inc (STZ) was negative ($8.98 million) and the inflow of money on uptick was $19.85 million, whereas, the outflow of money on downticks amounted to $28.82 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.69. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $9.3 million. The money flow in block trades was negative ($9.3). Constellation Brands Inc (STZ) gained $0.03 cent during the day and reached $163.12, a gain of 0.02% over the previous day.


Constellation Brands Inc. is up 3.47% in the last 3-month period. Year-to-Date the stock performance stands at 15.05%. Constellation Brands Inc. has dropped 0.66% in the last five trading days, however, the shares have posted positive gains of 4.06% in the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Hetterich F Paul, officer (Exec. Vice President) of Constellation Brands, Inc., had unloaded 10,000 shares at an average price of $164.76 in a transaction dated on July 11, 2016. The total value of the transaction was worth $1,647,600.

Constellation Brands Inc (NYSE:STZ): stock turned positive on Monday. Though the stock opened at $162.74, the bulls momentum made the stock top out at $163.5 level for the day. The stock recorded a low of $162.25 and closed the trading day at $163.12, in the green by 0.02%. The total traded volume for the day was 680,854. The stock had closed at $163.09 in the previous days trading.

Constellation Brands, Inc. is an international beverage alcohol company. The Companys operating segments include Beer, Wine and Spirits and Corporate Operations and Other. The Companys wine portfolio is complemented by select spirits brands and other select beverage alcohol products. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States. The Companys customers include wholesale distributors, retailers, on premise locations and government alcohol beverage control agencies. In the United States, the Company operates 19 wineries using varieties of grapes grown in the Napa, Sonoma, Monterey and San Joaquin regions of California. It also operates eight wineries in Canada, four wineries in New Zealand and five wineries in Italy. The Companys Canadian whisky requirements are produced and aged at its Canadian distillery in Lethbridge, Alberta.

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