Large Outflow of Money Witnessed in ExamWorks Group

ExamWorks Group (EXAM) : The total money flow in ExamWorks Group (EXAM) was negative ($3.98 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $4.91 million. In comparison, the inflow of money into the stock on upticks was $0.92 million. The uptick to downtick ratio was 0.19. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $3.59 million. The negative money flow of ($3.59 million) confirms the selling in ExamWorks Group (EXAM) on strength. ExamWorks Group (EXAM) gained $0.08 at $35.15, a gain of 0.21% over the previous days close. However, the stock registered 0.5% in the week.


ExamWorks Group, Inc. is up 6.55% in the last 3-month period. Year-to-Date the stock performance stands at 32.07%. Shares of ExamWorks Group, Inc. rose by 0.6% in the last five trading days and 0.98% for the last 4 weeks. In a related news, Fernandez De Castro Jose Migue, officer (CFO, Senior EVP and Treasurer) of Examworks Group, Inc., unloaded 9,798 shares at an average price of $34.8 on June 6, 2016. The total amount of the transaction was worth $340,970, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

ExamWorks Group (NYSE:EXAM): stock turned positive on Monday. Though the stock opened at $35.08, the bulls momentum made the stock top out at $35.2 level for the day. The stock recorded a low of $35.05 and closed the trading day at $35.13, in the green by 0.17%. The total traded volume for the day was 478,835. The stock had closed at $35.07 in the previous days trading.

ExamWorks Group, Inc. (ExamWorks) provides independent medical examinations (IMEs), peer reviews, bill reviews, Medicare compliance, case management and other related services (IME services or the IME industry). The Company has four geographic segments: the United States, Canada, the United Kingdom and Australia. It provides most of IME services through its medical panel of independently contracted, credentialed physicians and other medical providers. Its clients include property and casualty insurance carriers, law firms, third-party claim administrators and government agencies that use independent services to confirm the veracity of claims by sick or injured individuals and to facilitate the delivery and quality of cost-effective care for workers compensation, automotive, personal injury liability and disability insurance coverage. The Company helps its clients manage costs and enhance their risk management and compliance processes.

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