AMERIPRISE FINANCIAL SERVICES (AMP) : The total money flow in AMERIPRISE FINANCIAL SERVICES (AMP) was negative ($11.56 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $28.45 million. In comparison, the inflow of money into the stock on upticks was $16.89 million. The uptick to downtick ratio was 0.59. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $11.02 million. The negative money flow of ($11.02 million) confirms the selling in AMERIPRISE FINANCIAL SERVICES (AMP) on strength. AMERIPRISE FINANCIAL SERVICES (AMP) gained $1.91 at $95.76, a gain of 2.04% over the previous days close. However, the stock registered 5.42% in the week.
The stock has recorded a 20-day Moving Average of 3.42% and the 50-Day Moving Average is 0.01%. Shares have dropped -27.06% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $129.22 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $96.20 and the 200 Day Moving Average price is recorded at $93.46.
AMERIPRISE FINANCIAL SERVICES (NYSE:AMP): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $96.21 and $94.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $96.38. The buying momentum continued till the end and the stock did not give up its gains. It closed at $95.76, notching a gain of 2.04% for the day. The total traded volume was 1,076,766 . The stock had closed at $93.85 on the previous day.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the Director of AMERIPRISE FINANCIAL INC, Greenberg Lon R had purchased shares worth of $343,902 in a transaction dated on June 29, 2016. A total of 3,900 shares were purchased at a price of $88.18 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Ameriprise Financial, Inc. (Ameriprise Financial) is a holding company primarily engaged in business through its subsidiaries. Ameriprise Financial is a diversified financial services company that offers financial solutions to individual and institutional clients. The Company operates in four segments: Advice & Wealth Management, Asset Management, Annuities and Protection. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services, primarily to retail clients through advisors. The Asset Management segment provides investment advice and investment products to retail, high net worth and institutional clients on a global scale through Columbia Management and Threadneedle. The Annuities segment provides variable and fixed annuity products of RiverSource Life companies to individual clients. The Protection segment offers a variety of products to address the protection and risk management needs of retail clients.