Large Outflow of Money Witnessed in Paramount Group

Paramount Group (PGRE) : The value of composite uptick trades was $2.38 million, whereas, the value of composite downtick trades was $6.25 million. The uptick to downtick ratio stood at 0.38 with a negative money flow of ($3.86) Million during Mondays trading session. The block trades money flow was negative ($3.28 million).The uptick to the downtick ratio of 0.07 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $0.25 million. The transaction of the trades on downticks amounted to $3.53 million, which confirms investors selling on the strength of price. Paramount Group (PGRE) gained 7 cents at $16.77, an increase of 0.42% over the previous days close.


Paramount Group, Inc. is up 4.95% in the last 3-month period. Year-to-Date the stock performance stands at -6.37%. Shares of Paramount Group, Inc. rose by 2.51% in the last five trading days and 5.94% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Paramount Group, Inc., Oconnor David P had purchased shares worth of $487,360 in a transaction dated on March 10, 2016. A total of 32,000 shares were purchased at a price of $15.23 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Paramount Group (NYSE:PGRE): stock turned positive on Monday. Though the stock opened at $16.75, the bulls momentum made the stock top out at $16.82 level for the day. The stock recorded a low of $16.64 and closed the trading day at $16.74, in the green by 0.24%. The total traded volume for the day was 1,558,782. The stock had closed at $16.7 in the previous days trading.

Paramount Group, Inc. (Paramount) is a real estate investment trust (REIT) focused on owning, operating and managing Class A office properties in central business district submarkets of New York City, Washington, D.C. and San Francisco. Paramount conducts its business primarily through Paramount Group Operating Partnership LP. As of December 31, 2014, Paramounts portfolio consisted of 12 Class A office properties aggregating approximately 10.4 million square feet that was 93.9% leased. Paramount has an investment management business, where it serves as the general partner and property manager of certain private equity real estate funds for institutional investors and high-net-worth individuals. Paramounts private equity real estate funds (the Property Funds) invest in office buildings and related facilities primarily in New York City, Washington, D.C. and San Francisco. The Alternative Investment Funds invest in real estate related debt and preferred equity investments.

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