Shares of Charter Communications (CHTR) Sees Large Inflow of Net Money Flow

Charter Communications (CHTR) : $6.56 million worth of transactions were on upticks in Charter Communications (CHTR), compared to $3.71 million on downticks. The ratio between the two was 1.77, whereas, the net money flow stood at a healthy $2.86 million on Mondays session. The consistent buying on upticks in the stock accounted for $2.51million worth of trades. The total money flow into the stock stood at $2.51 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.37%. The stock was trading at $234.11, with a drop of $0.87 over the previous days close. The stock recorded -1.29% for the week.

Charter

Charter Communications, Inc. is up 16.25% in the last 3-month period. Year-to-Date the stock performance stands at 27.98%. Charter Communications, Inc. has dropped 2.31% in the last five trading days, however, the shares have posted positive gains of 5.81% in the last 4 weeks. In a related news, Hargis Jonathan, officer (EVP/Chief Marketing Officer) of Charter Communications, Inc. /Mo/, unloaded 6,350 shares at an average price of $215.04 on May 2, 2016. The total amount of the transaction was worth $1,365,504, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Charter Communications (NASDAQ:CHTR): On Mondays trading session , Opening price of the stock was $235.19 with an intraday high of $236.26. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $233.27. However, the stock managed to close at $234.34, a loss of 0.27% for the day. On the previous day, the stock had closed at $234.98. The total traded volume of the day was 753,186 shares.

Charter Communications, Inc. (Charter) is a provider of cable services in the United States, offering a variety of entertainment, information and communications solutions to residential and commercial customers. The Company sells its video, Internet and voice services primarily on a subscription basis, often in a bundle of two or more services. The Company provides broadband communications solutions to business and carrier organizations, such as video entertainment services, Internet access, business telephone services, data networking and fiber connectivity to cellular towers and office buildings. Through its hybrid fiber and coaxial cable network, the Company offers its customers traditional cable video services, as well as advanced video services, Internet services and voice services. The Companys voice services are primarily provided using voice over Internet protocol (VoIP) technology, to transmit digital voice signals over the Companys systems.

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