Shares of BlackRock (BLK) Sees Large Inflow of Net Money Flow

BlackRock (BLK): $11.53 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 1.24. The value of trades done on upticks was $58.74 million, whereas, trades done on downticks were valued at $47.2 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 $13.85 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $4.37 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 3.17 was strongly in favor of the bulls. The money flow in block trades was $9.47 million. BlackRock (BLK) fell $0.11 traded at $361.68, a change of -0.03% over the previous day. The stock is -1.09% for the week.


BlackRock, Inc. has lost 2.35% in the last five trading days and dropped 2.65% in the last 4 weeks. BlackRock, Inc. is up 8.06% in the last 3-month period. Year-to-Date the stock performance stands at 8.3%.

BlackRock (BLK) : 6 brokerage houses believe that BlackRock (BLK) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on BlackRock (BLK). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 12 Wall Street Analysts endorse the stock as a Buy with a rating of 1.79.

BlackRock (NYSE:BLK): stock was range-bound between the intraday low of $359.14 and the intraday high of $363.79 after having opened at $363.78 on Wednesdays session. The stock finally closed in the red at $363.78, a loss of -0.03%. The stock remained in the red for the whole trading day. The total traded volume was 503,352 shares. The stock failed to cross $363.79 in Wednesdays trading. The stocks closing price on Thursday was $361.79.

BlackRock, Inc. is an investment management firm. The Company provides investment and risk management services to institutional and retail clients across the world. Its product offerings include single- and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments. Products are offered directly and through intermediaries in a variety of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. The Company also offers its BlackRock Solutions investment and risk management technology platform, Aladdin, risk analytics and advisory services and solutions. It has $4.65 trillion of assets under management at December 31, 2014.

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