Shares of IRSA Inversiones Y Representaciones S.A. (IRS) Sees Large Inflow of Net Money Flow

IRSA Inversiones Y Representaciones S.A. (IRS) : Investors lapped up stocks on upticks to the tune of $4.41 million in the Fridays trading session. The trading value on downticks was comparatively at $0.31 million and the uptick to downtick ratio of 14.18 indicates continuous buying by the bulls. The net money flow into the stock was $4.1 million. Upticks saw transactions worth $4.02 clearly indicating buying by large investors. The total money flow for block trades stood at $4.02 million, which is a positive for the stock in the long-term. IRSA Inversiones Y Representaciones S.A. (IRS) fell $0.2 during the day at $18.9, a drop of -1.05% over the previous days close. However, for the week, the stock is 3.34%, compared to the previous week.


The company Insiders own 25.06% of IRSA Inversiones Y Representaciones S.A. shares according to the proxy statements. Institutional Investors own 17.51% of IRSA Inversiones Y Representaciones S.A. shares.

IRSA Inversiones Y Representaciones S.A. (NYSE:IRS): stock was range-bound between the intraday low of $18.5 and the intraday high of $19.24 after having opened at $19.15 on Fridays session. The stock finally closed in the red at $19.15, a loss of -1.05%. The stock remained in the red for the whole trading day. The total traded volume was 260,696 shares. The stock failed to cross $19.24 in Fridays trading. The stocks closing price on Thursday was $19.1.

IRSA Inversiones Y Representaciones S.A. (IRS) : Traders are bullish on IRSA Inversiones Y Representaciones S.A. (IRS) as it has outperformed the S&P 500 by a wide margin of 6.32% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.82%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.34% in the last 1 week, and is up 6.18% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Irsa Inversiones y Representaciones Sociedad Anonima (IRSA) is a real estate company. The Company is engaged, directly and indirectly through subsidiaries and joint ventures, in a range of diversified real estate related activities in Argentina, including the acquisition, development and operation of shopping centers; the development and sale of residential properties; the acquisition and development of office and other non-shopping center properties primarily for rental purposes; the acquisition and operation of luxury hotels; the acquisition of undeveloped land reserves for future development or sale, and selected real estate investments outside Argentina. The Company operates in six segments: Shopping Centers, Office and Other Rentals, Development and Sale of Properties, Hotels, International and Financial Operations and Others.

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