Shares of AT&T (T) Sees Large Inflow of Net Money Flow

AT&T (T): $31.06 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.23. The value of trades done on upticks was $164.8 million, whereas, trades done on downticks were valued at $133.75 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $41.34 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $8.25 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 5.01 was strongly in favor of the bulls. The money flow in block trades was $33.09 million. AT&T (T) fell $0.6 traded at $40.86, a change of -1.45% over the previous day. The stock is -1.02% for the week.


Shares of AT&T, Inc. appreciated by 0.69% during the last five trading days but lost 0.37% on a 4-week basis. AT&T, Inc. has dropped 2.9% during the last 3-month period . Year-to-Date the stock performance stands at 23.24%.

AT&T (T) : 10 brokerage houses believe that AT&T (T) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on AT&T (T). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 20 Wall Street Analysts endorse the stock as a Buy with a rating of 1.95.

AT&T (NYSE:T): stock was range-bound between the intraday low of $40.58 and the intraday high of $41.07 after having opened at $41.01 on Wednesdays session. The stock finally closed in the red at $41.01, a loss of -1.47%. The stock remained in the red for the whole trading day. The total traded volume was 26,340,209 shares. The stock failed to cross $41.07 in Wednesdays trading. The stocks closing price on Thursday was $41.46.

AT&T Inc. is a holding company. The Company provides telecommunications services. Its services and products include wireless communications, data/broadband and Internet services, video services, local exchange services, long-distance services, telecommunications equipment, managed networking and wholesale services. Its segments include Wireless, Wireline and International. Its wireless subsidiaries provide both wireless voice and data communication services. The wireline subsidiaries provide landline data and voice communication services, AT&T U-verse broadband, video and voice services (U-verse) and managed networking. Its International segment uses the Iusacell and Unefon regional and national networks to provide wireless data and voice communication services. Its International segment also utilizes the networks of Nextel Mexico to provide similar services. Through its subsidiary, DIRECTV Group Holdings, LLC, it provides pay television in the United States and across the world.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *