Large Outflow of Money Witnessed in DISH Network Corporation

DISH Network Corporation (DISH) : The value of composite uptick trades was $6.2 million, whereas, the value of composite downtick trades was $7.82 million. The uptick to downtick ratio stood at 0.79 with a negative money flow of ($1.62) Million during Wednesdays trading session. The block trades money flow was negative ($1.36 million). The transaction of the trades on downticks amounted to $1.36 million, which confirms investors selling on the strength of price. DISH Network Corporation (DISH) gained 2 cents at $54.37, an increase of 0.04% over the previous days close.


Shares of Dish Network Corp. rose by 3.15% in the last five trading days and 10.17% for the last 4 weeks. Dish Network Corp. is up 5.78% in the last 3-month period. Year-to-Date the stock performance stands at -3.93%.

DISH Network Corporation (DISH) has an average broker rating of 2.79, which is interpreted as a Hold, as rated by 14 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

DISH Network Corporation (NASDAQ:DISH): The stock opened at $54.51 and touched an intraday high of $55.12 on Wednesday. During the day, the stock corrected to an intraday low of $53.84, however, the bulls stepped in and pushed the price higher to close in the green at $54.93 with a gain of 1.07% for the day. The total traded volume for the day was 2,115,664. The stock had closed at $54.35 in the previous trading session.

DISH Network Corporation is a holding company. The Company operates through two segments: DISH and Wireless. It offers a range of video services under the DISH brand, with access to a range of channels depending on the level of subscription. Its standard programming packages include programming provided by national broadcast networks, local broadcast networks and national and regional cable networks. It also offers programming packages that include sports channels, movie channels, and Latino and international programming. It also offers wireline voice and broadband services under the dishNET brand as a competitive local exchange carrier to consumers living in a 14 state region in the western United States. The Company also offers Sling TV, a live, linear streaming over-the-top (OTT) service, including 14 channels offered for a monthly subscription. The Company owns a range of wireless spectrum licenses and related assets. It owns 700 MHz Licenses, AWS-4 Licenses and H Block Licenses.

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