Shares of CVS Health Corporation (CVS) Sees Large Inflow of Net Money Flow

CVS Health Corporation (CVS) : $66.64 million worth of transactions were on upticks in CVS Health Corporation (CVS), compared to $60.35 million on downticks. The ratio between the two was 1.1, whereas, the net money flow stood at a healthy $6.29 million on Mondays session.The block trades show a bullish bias with only $8.58 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $9.63million worth of trades. The up-down ratio between the uptick and downtick was 1.12, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $1.05 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.23%. The stock was trading at $96.87, with a drop of $0.22 over the previous days close. The stock recorded 0.13% for the week.


CVS Health Corporation has dropped 5.1% during the last 3-month period . Year-to-Date the stock performance stands at -0.07%. Shares of CVS Health Corporation rose by 0.03% in the last five trading days and 1.4% for the last 4 weeks. In a related news,The director officer (President and CEO) of Cvs Health Corp, Merlo Larry J sold 38,247 shares at $105 on May 5, 2016. The Insider selling transaction had a total value worth of $4,015,935. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

CVS Health Corporation (NYSE:CVS): On Mondays trading session , Opening price of the stock was $97.44 with an intraday high of $97.69. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $96.7637. However, the stock managed to close at $96.87, a loss of 0.23% for the day. On the previous day, the stock had closed at $97.09. The total traded volume of the day was 3,571,222 shares.

CVS Health Corporation, together with its subsidiaries, is a pharmacy company. The Company operates through three business segments: Pharmacy Services, Retail Pharmacy and Corporate. The Pharmacy Services segment provides a range of pharmacy benefit management (PBM) services and operates under the CVS/caremark Pharmacy Services, Novologix and Navarro Health Services names. The Retail Pharmacy segment sells prescription drugs and an assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, personal care products, convenience foods, photo finishing, seasonal merchandise and greeting cards through the Companys retail stores, online retail pharmacy Websites and retail healthcare clinics. The Corporate segment provides management and administrative services to support the overall operations of the Company. The Company, through its wholly owned subsidiary, Omnicare, Inc., provides pharmacy services to long term care facilities.

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