Large Outflow of Money Witnessed in Exxon Mobil Corporation

Exxon Mobil Corporation (XOM) : The total money flow in Exxon Mobil Corporation (XOM) was negative ($71.08 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $548.5 million. In comparison, the inflow of money into the stock on upticks was $477.42 million. The uptick to downtick ratio was 0.87. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $205.97 million. The value of transactions on uptick was $117.26 million. The negative money flow of ($88.71 million) confirms the selling in Exxon Mobil Corporation (XOM) on strength. The uptick to downtick ratio of block trades was 0.57. Exxon Mobil Corporation (XOM) gained $3.66 at $86.9, a gain of 4.4% over the previous days close. However, the stock registered 4.13% in the week.


Shares of Exxon Mobil Corporation appreciated by 4.32% during the last five trading days but lost 1.07% on a 4-week basis. Exxon Mobil Corporation has dropped 5.21% during the last 3-month period . Year-to-Date the stock performance stands at 14.41%.

Exxon Mobil Corporation (XOM) : 4 brokerage houses believe that Exxon Mobil Corporation (XOM) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Exxon Mobil Corporation (XOM). Zacks Investment Research suggests a Hold with a rank of 3. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 15 Wall Street Analysts endorse the stock as a Hold with a rating of 2.62.

Exxon Mobil Corporation (NYSE:XOM): The stock opened at $83.46 and touched an intraday high of $87.23 on Wednesday. During the day, the stock corrected to an intraday low of $83.34, however, the bulls stepped in and pushed the price higher to close in the green at $86.9 with a gain of 4.40% for the day. The total traded volume for the day was 28,117,871. The stock had closed at $83.24 in the previous trading session.

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas. The Company is involved in the manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a variety of specialty products. The Companys projects include the Kearl project, Heidelberg project, the Point Thomson project, the Hadrian South project, the Lucius project, the Chirag Oil project, the Tapis Enhanced Oil Recovery project, the Damar project, and the Barzan project, among others. The Company is conducting its operations and projects in the United States, Asia, Africa, Canada/South America, Europe and Australia/Oceania.

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