Shares of American Express Company (NYSE:AXP) Sees Large Inflow of Net Money Flow

American Express Company (NYSE:AXP) dropped by -0.25 or -0.16 points during the last session to $61.78 per share. One of the highlights of the day was the net money flow figure, which stood at $63.41 million even as the stock accepted $90.5 million in upticks but rejected $27.1 million in downticks. The up/down ratio for the last observation was a 3.34. The 1-week percentage change for the stock price is registered at -4.92%.A block transaction occurred with $68.02 million in upticks and $2.98 million in downticks while the up/down ratio was calculated to be 22.84. The stock witnessed a net inflow of $65.04 million at the end of the block trade.

American Express Company has lost 4.79% in the last five trading days and dropped 2.61% in the last 4 weeks. American Express Company is up 1.53% in the last 3-month period. Year-to-Date the stock performance stands at -10.24%.

Currently the company Insiders own 0.78% of American Express Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -33.31% . Institutional Investors own 83.87% of American Express Company shares. During last six month period, the net percent change held by insiders has seen a change of 31.79%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Sobbott Susan, officer (Pres., Glbl Commercial Pymnts) of American Express Co, had unloaded 14,682 shares at an average price of $65.5 in a transaction dated on May 25, 2016. The total value of the transaction was worth $961,671.

American Express Company (NYSE:AXP) witnessed a decline in the market cap on Friday as its shares dropped 0.11% or 0.07 points. After the session commenced at $61.93, the stock reached the higher end at $62.43 while it hit a low of $61.615. With the volume soaring to 6,521,456 shares, the last trade was called at $61.86. The company has a 52-week high of $81.92. The company has a market cap of $58,831 million and there are 951,033,100 shares in outstanding. The 52-week low of the share price is $50.27.

American Express Company is a global services company. The Companys principal products and services are charge and credit payment card products, and travel-related services offered to consumers and businesses around the world. The Companys segments include U.S. Card Services, International Card Services, Global Commercial Services and Global Network & Merchant Services. The Companys United States banking subsidiaries, Centurion Bank and AEBFSB, issue a range of Card products and services. It also issues its charge and credit Cards around the world either on its own or as cobrands with partnering institutions. The Company provides expense management and travel services to companies and organizations through its Global Corporate Payments and Global Business Travel businesses. The Global Network & Merchant Services (GNMS) segment operates a global payments network that processes and settles card transactions.

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