Shares of Chubb Corporation (The) (CB) Sees Large Outflow of Money

Chubb Corporation (The) (CB): The stock had negative money flow to the tune of ($12.49 million) on Thursday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $46.61 million, whereas, the outflow of money on downticks was $59.1 million and the ratio between the two was 0.79. The block trade had a negative net money flow of ($13.64 million). The total block trade value undertaken on upticks was $1.76 million. On the other hand, downticks amounted to $15.4 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.11. Chubb Corporation (The) (CB) closed with marginal gains of 40 cents to end the day at $129.9, an increase of 0.31% over the previous days close. The stock recorded -0.26% for the week.


The stock has recorded a 20-day Moving Average of 2.13% and the 50-Day Moving Average is 3.14%. Shares have rallied 24.68% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $131.00 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $126.74 and the 200 Day Moving Average price is recorded at $119.61.

Chubb Corporation (The) (NYSE:CB): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $130.78 and $129.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $130.94. The buying momentum continued till the end and the stock did not give up its gains. It closed at $129.90, notching a gain of 0.31% for the day. The total traded volume was 1,938,478 . The stock had closed at $129.50 on the previous day.

In an insider trading activity, Bancroft Philip V, officer (Executive Vice President*) of Chubb Ltd, unloaded 72,730 shares at an average price of $127.3 on June 2, 2016. The total amount of the transaction was worth $9,258,529, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

The Chubb Corporation is a holding company with subsidiaries principally engaged in the property and casualty insurance business. The property and casualty insurance subsidiaries (the P&C Group) underwrite insurance in the United States, Canada, Europe, Australia and parts of Latin America and Asia. The P&C Group operates through three business units: Chubb Personal Insurance, offers personal insurance products for homes and valuable articles (such as art and jewelry) for high net worth individuals; Chubb Commercial Insurance, offers multiple peril, primary liability, excess and umbrella liability, automobile, workers compensation and property and marine insurance, and Chubb Specialty Insurance, offers specialized professional liability products for privately held and publicly traded companies, financial institutions, professional firms, healthcare and not-for-profit organizations.

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