Shares of Altria Group (MO) Sees Large Inflow of Net Money Flow

Altria Group (MO) : The money flow analysis of Altria Group (MO) indicates a $55.94 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $90.35 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.61 and so was the total money flow at $34.4 million. A solid up-down ratio of 4.72 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $46.53 million worth of block trades on upticks. Only $9.85 million worth of the stock exchanged hands on downticks. The money flow was $36.67 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 Altria Group (MO), pushing it down by -0.35% for the day. The stock slid $0.24 and traded at $69.17 during the day. Nonetheless, the stock is -0.95% over the previous weeks close.


Altria Group, Inc. is up 12.22% in the last 3-month period. Year-to-Date the stock performance stands at 20.94%. Altria Group, Inc. has dropped 1% in the last five trading days, however, the shares have posted positive gains of 4.88% in the last 4 weeks. In a related news, Munoz George, director of Altria Group, Inc., unloaded 12,571 shares at an average price of $62.85 on May 20, 2016. The total amount of the transaction was worth $790,087, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Altria Group (NYSE:MO): On Mondays trading session , Opening price of the stock was $69.31 with an intraday high of $69.4201. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $68.82. However, the stock managed to close at $69.17, a loss of 0.35% for the day. On the previous day, the stock had closed at $69.41. The total traded volume of the day was 4,569,994 shares.

Altria Group, Inc. is a holding company. The Companys reportable segments include smokeable products, smokeless products and wine. As of December 31, 2014, Altria Group, Inc.s wholly owned subsidiaries included Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco, and is a wholly owned subsidiary of PM USA, and UST LLC (UST), which through its wholly owned subsidiaries, including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle) is engaged in the manufacture and sale of smokeless products and wine.

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.