Crown Castle International Corporation (CCI) : Thursdays money flow analysis of Crown Castle International Corporation (CCI) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $6.26 million. In comparison, the inflow of money on upticks was a meager $3.76 million. The dollar value of composite uptick trades minus the downtick trades was negative $2.5 million. The uptick to downtick ratio of 0.6 in the money flow shows weakness. The downtick transaction value was high at $2.61 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($2.61 million). Crown Castle International Corporation (CCI) gained $0.05 at $99.85, a change of 0.05% over the previous days close.
The stock has recorded a 20-day Moving Average of 1.07% and the 50-Day Moving Average is 6.45%. Shares have rallied 23.32% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $102.82 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $95.49 and the 200 Day Moving Average price is recorded at $88.44.
Crown Castle International Corporation (NYSE:CCI): The stock opened at $100.20 on Thursday but the bulls could not build on the opening and the stock topped out at $100.20 for the day. The stock traded down to $99.00 during the day, due to lack of any buying support eventually closed down at $99.47 with a loss of -0.33% for the day. The stock had closed at $99.80 on the previous day. The total traded volume was 1,552,155 shares.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (SVP and General Counsel) of Crown Castle International Corp, Simon Kenneth Jay had purchased shares worth of $14,802 in a transaction dated on May 5, 2016. A total of 168 shares were purchased at a price of $88.11 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Crown Castle International Corp. (CCIC) is a real estate investment trust (REIT) company. The Company owns, operates and leases shared wireless infrastructure, including towers and other structures, such as rooftops (towers), and to a lesser extent, distributed antenna systems (DAS), a type of small cell network (small cells), and interests in land under third party towers in various forms (third party land interests). Its core business is renting space or physical capacity (collectively, space) on its towers, DAS and, to a lesser extent, third party land interests (collectively, site rental business) through long-term contracts in various forms, including license, sublease and lease agreements (collectively, contracts). The Company conducts its operations principally through subsidiaries of (CCOC), including certain subsidiaries, which operate its wireless infrastructure portfolios in the United States, including Puerto Rico (CCUSA).