Shares of Ambev S.A. (ABEV) Sees Large Inflow of Net Money Flow

Ambev S.A. (ABEV) : On Friday, The money flowed into the Ambev S.A. (ABEV) stock with an uptick to downtick ratio was recorded at 1.58. Transactions worth $4.2 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $2.65 million. The total money flow into the stock was $1.55 million. The block trades reveal a bullish bias with an up-down ratio of 3.03. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $1.86 million of block transactions on upticks. The value of block trades on downticks was $0.61 million, indicating lower selling interest. The total money flow in block trades was $1.24 million. In terms of price action, Ambev S.A. (ABEV) traded down $0.01 during the session at $6.09. Compared to the previous days closing, the stock was down only by -0.08%. For the week, the stock is 3.84%, over previous weeks closing.


Institutional Investors own 7.32% of Ambev S.A. shares.

Ambev S.A. (NYSE:ABEV): The stock opened at $6.14 and touched an intraday high of $6.16 on Friday. During the day, the stock corrected to an intraday low of $6.05, however, the bulls stepped in and pushed the price higher to close in the green at $6.13 with a gain of 0.66% for the day. The total traded volume for the day was 15,295,749. The stock had closed at $6.09 in the previous trading session.

Ambev S.A. (ABEV) : Traders are bullish on Ambev S.A. (ABEV) as it has outperformed the S&P 500 by a wide margin of 1.79% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.08%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.61% in the last 1 week, and is up 1.66% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Ambev SA, known as Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewers sector. Ambev produces, distributes and sell beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated products across the Americas. The Company conducts its operations through three business units: Latin America North includes its operations in Brazil, where Ambev operates two divisions: beer sales (Beer Brazil) and carbonated soft drinks and non-alcoholic non-carbonated sales (CSD & NANC Brazil), and its Hispanic Latin America Operations, Excluding Latin America South (HILA-Ex), which includes its operations in the Dominican Republic, Venezuela, Ecuador, Guatemala (which also serves El Salvador and Nicaragua) and Peru; Latin America South includes its operations in Argentina, Bolivia, Paraguay, Uruguay and Chile, and Canada, among others.

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