Shares of Aon plc (AON) Sees Large Outflow of Money

Aon plc (AON) : The value of composite uptick trades was $18.19 million, whereas, the value of composite downtick trades was $23.89 million. The uptick to downtick ratio stood at 0.76 with a negative money flow of ($5.7) Million during Thursdays trading session. The block trades money flow was negative ($6.37 million).The uptick to the downtick ratio of 0.16 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $1.19 million. The transaction of the trades on downticks amounted to $7.56 million, which confirms investors selling on the strength of price. Aon plc (AON) gained 86 cents at $108.95, an increase of 0.8% over the previous days close.


Aon plc (AON) : The most positive equity analysts on Aon plc (AON) expects the shares to touch $120, whereas, the least positive believes that the stock will trade at $97 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $108.5 with an expected fluctuation of $7.67 from the mean. The stock has recorded a 20-day Moving Average of 1.48% and the 50-Day Moving Average is 2.05%.

Aon plc (NYSE:AON): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $108.10 and $107.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $109.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $108.95, notching a gain of 0.80% for the day. The total traded volume was 1,027,775 . The stock had closed at $108.09 on the previous day.

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