Shares of Aflac Incorporated (AFL) Sees Large Inflow of Net Money Flow

Aflac Incorporated (AFL) : The money flow analysis of Aflac Incorporated (AFL) indicates a $8.2 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $10 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.22 and so was the total money flow at $1.8 million. The bulls lapped up $1.49 million worth of block trades on upticks. The money flow was $1.49 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Aflac Incorporated (AFL), pushing it down by -0.14% for the day. The stock slid $0.1 and traded at $72.32 during the day. Nonetheless, the stock is -0.58% over the previous weeks close.

Aflac

Aflac Incorporated has lost 1.4% in the last five trading days and dropped 1.67% in the last 4 weeks. Aflac Incorporated is up 4% in the last 3-month period. Year-to-Date the stock performance stands at 23.28%.

Aflac Incorporated (AFL) : The consensus on Aflac Incorporated (AFL) based on 13 analyst recommendation on the company stock is 2.77, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 10 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Aflac Incorporated (AFL).

Aflac Incorporated (NYSE:AFL): The stock opened at $72.44 and touched an intraday high of $72.66 on Wednesday. During the day, the stock corrected to an intraday low of $71.91, however, the bulls stepped in and pushed the price higher to close in the green at $72.47 with a gain of 0.07% for the day. The total traded volume for the day was 1,058,924. The stock had closed at $72.42 in the previous trading session.

Aflac Incorporated (Aflac) is a business holding company. The Company is engaged in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). Aflac offers insurance policies in Japan and the United States that provide a layer of financial protection against income and asset loss. Aflacs insurance business consists of two segments: Aflac Japan and Aflac U.S. Aflac Japan sells voluntary supplemental insurance products, including cancer plans, medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans and annuities. Aflac U.S. sells insurance products, including products designed to protect individuals from depletion of assets, such as accident, cancer, critical illness/care, hospital intensive care, hospital indemnity, fixed-benefit dental and vision care plans, and loss-of-income products.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.