Shares of ExamWorks Group (EXAM) Sees Large Outflow of Money

ExamWorks Group (EXAM) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($2.89 million) and the uptick to downtick ratio was 0.62. The transaction value on upticks was $4.8 million and on downticks, the transaction value was $7.69 million. In block trades, the transaction value of inflow done during uptick was $0.6 million. The transaction value of block trades during downticks was $3.39 million. The uptick to downtick block trade ratio was 0.18. The money flow was negative ($2.79 million), indicating the traders were booking profit on the price strength. ExamWorks Group (EXAM) rose $0.02 at $34.84, during intraday Thursday , a rise of 0.06% over the previous days close.


The stock has recorded a 20-day Moving Average of 0.15% and the 50-Day Moving Average is 0.43%.

ExamWorks Group (NYSE:EXAM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.83 and $34.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.86, notching a gain of 0.11% for the day. The total traded volume was 941,969 . The stock had closed at $34.82 on the previous day.

ExamWorks Group, Inc. (ExamWorks) provides independent medical examinations (IMEs), peer reviews, bill reviews, Medicare compliance, case management and other related services (IME services or the IME industry). The Company has four geographic segments: the United States, Canada, the United Kingdom and Australia. It provides most of IME services through its medical panel of independently contracted, credentialed physicians and other medical providers. Its clients include property and casualty insurance carriers, law firms, third-party claim administrators and government agencies that use independent services to confirm the veracity of claims by sick or injured individuals and to facilitate the delivery and quality of cost-effective care for workers compensation, automotive, personal injury liability and disability insurance coverage. The Company helps its clients manage costs and enhance their risk management and compliance processes.

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