Large Outflow of Money Witnessed in General Motors Company

General Motors Company (GM) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (24.42 million) in General Motors Company (GM). On Monday, The value of composite uptick trades was $33.39 million, whereas, the value of composite downtick trades was $57.81 million and the ratio between the two was 0.58, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $23.77 million. $1.23 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.05. The negative money flow of ($22.54 million) shows selling on strength. General Motors Company (GM) gained $0.1 intraday at $30.87 and registrered 0.32% for the week.


General Motors Company has dropped 0.15% during the last 3-month period . Year-to-Date the stock performance stands at -6.92%. Shares of General Motors Company rose by 2.46% in the last five trading days and 6.37% for the last 4 weeks. In a related news, Deluca James B., officer (Executive Vice President) of General Motors Co, unloaded 10,374 shares at an average price of $31.48 on May 27, 2016. The total amount of the transaction was worth $326,574, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

General Motors Company (NYSE:GM): stock turned positive on Monday. Though the stock opened at $30.75, the bulls momentum made the stock top out at $31.1 level for the day. The stock recorded a low of $30.61 and closed the trading day at $30.87, in the green by 0.32%. The total traded volume for the day was 8,732,327. The stock had closed at $30.77 in the previous days trading.

General Motors Company (General Motors) designs, builds and sells cars, trucks and automobile parts across the world. The Company also provides automotive financing services through General Motors Financial Company, Inc. (GM Financial). The Companys four automotive segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO) and GM South America (GMSA). The Company also sells cars and trucks to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies and governments. The Company offers 13 FlexFuel vehicles in the United States for the 2015 model year plus an additional four models to fleet and commercial customers capable of operating on gasoline, E85 ethanol or any combination of the two.

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