Shares of DISH Network Corporation (DISH) Sees Large Inflow of Net Money Flow

DISH Network Corporation (DISH): $1.08 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.43. The value of trades done on upticks was $3.59 million, whereas, trades done on downticks were valued at $2.51 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 $0.68 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.68 million. DISH Network Corporation (DISH) fell $0.04 traded at $52.14, a change of -0.08% over the previous day. The stock is 0.56% for the week.


Dish Network Corp. is up 12.52% in the last 3-month period. Year-to-Date the stock performance stands at -8.5%. Shares of Dish Network Corp. appreciated by 0.11% during the last five trading days but lost 1.3% on a 4-week basis. In a related news, The Securities and Exchange Commission has divulged that Orban Paul W, officer (SVP, Chief Accounting Officer) of Dish Network Corp, had unloaded 094 shares at an average price of $52.22 in a transaction dated on July 1, 2016. The total value of the transaction was worth $4,909.

DISH Network Corporation (NASDAQ:DISH): stock turned positive on Monday. Though the stock opened at $52.43, the bulls momentum made the stock top out at $52.49 level for the day. The stock recorded a low of $51.73 and closed the trading day at $52.32, in the green by 0.27%. The total traded volume for the day was 1,332,350. The stock had closed at $52.18 in the previous days trading.

DISH Network Corporation is a holding company. The Company operates through two segments: DISH and Wireless. It offers a range of video services under the DISH brand, with access to a range of channels depending on the level of subscription. Its standard programming packages include programming provided by national broadcast networks, local broadcast networks and national and regional cable networks. It also offers programming packages that include sports channels, movie channels, and Latino and international programming. It also offers wireline voice and broadband services under the dishNET brand as a competitive local exchange carrier to consumers living in a 14 state region in the western United States. The Company also offers Sling TV, a live, linear streaming over-the-top (OTT) service, including 14 channels offered for a monthly subscription. The Company owns a range of wireless spectrum licenses and related assets. It owns 700 MHz Licenses, AWS-4 Licenses and H Block Licenses.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.