Shares of Allstate Corporation (The) (ALL) Sees Large Inflow of Net Money Flow

Allstate Corporation (The) (ALL) stock had a bullish inflow of $17.78 million worth of trades on uptick and an outflow of $12.98 million in downticks on Monday. The total uptick to downtick ratio stood at 1.37. The net money flow into the stock was $4.8 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $5.93 million. $5.93 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Allstate Corporation (The) (ALL) stock traded down $0.14 , and reached $69.35, a drop of -0.2% over the previous day. On a weekly basis, the stock is -0.45%, over the previous weeks close.


The Allstate Corporation is up 3.55% in the last 3-month period. Year-to-Date the stock performance stands at 12.82%. The Allstate Corporation has dropped 0.84% in the last five trading days, however, the shares have posted positive gains of 4.33% in the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP & Chief Financial Officer) of Allstate Corp, Shebik Steven E had sold 20,000 shares worth of $1,349,200 in a transaction dated June 3, 2016. In this transaction, 20,000 shares were sold at $67.46 per share.

Allstate Corporation (The) (NYSE:ALL): On Mondays trading session , Opening price of the stock was $69.59 with an intraday high of $69.75. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $69.28. However, the stock managed to close at $69.35, a loss of 0.20% for the day. On the previous day, the stock had closed at $69.49. The total traded volume of the day was 1,280,424 shares.

The Allstate Corporation is a holding company for Allstate Insurance Company. The Company and its subsidiaries, including Allstate Insurance Company, Allstate Life Insurance Company and other subsidiaries (collectively, Allstate) are engaged in the property-liability insurance and life insurance business. It offers its products in the United States and Canada. Allstate operates in four business segments: Allstate Protection, Discontinued Lines and Coverages, Allstate Financial, and Corporate and Other. The principal geographic markets for its auto, homeowners, and other personal property and casualty products are in the United States. Through its subsidiaries, it sells various types of personal property and casualty insurance products in around 50 states, the District of Columbia and Puerto Rico. It sells private passenger auto and homeowners insurance through agencies, contact centers and Internet. It sells these products under Allstate, Esurance and Encompass brand names.

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