Level 3 Communications (LVLT) : $16.3 million worth of transactions were on upticks in Level 3 Communications (LVLT), compared to $8.66 million on downticks. The ratio between the two was 1.88, whereas, the net money flow stood at a healthy $7.64 million on Mondays session.The block trades show a bullish bias with only $1.55 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $5.65million worth of trades. The up-down ratio between the uptick and downtick was 3.65, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $4.1 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.07%. The stock was trading at $56.62, with a drop of $0.04 over the previous days close. The stock recorded 7.38% for the week.
Level 3 Communications, Inc. is up 5.68% in the last 3-month period. Year-to-Date the stock performance stands at 4.36%. Shares of Level 3 Communications, Inc. rose by 7.16% in the last five trading days and 10.71% for the last 4 weeks. In a related news,The officer (President and CEO) of Level 3 Communications Inc, Storey Jeffrey K sold 60,557 shares at $50.41 on July 5, 2016. The Insider selling transaction had a total value worth of $3,052,678. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Level 3 Communications (NYSE:LVLT): stock turned positive on Monday. Though the stock opened at $56.47, the bulls momentum made the stock top out at $56.78 level for the day. The stock recorded a low of $56.24 and closed the trading day at $56.73, in the green by 0.12%. The total traded volume for the day was 1,386,841. The stock had closed at $56.66 in the previous days trading.
Level 3 Communications, Inc. is a provider of a range of integrated communications services. The Companys operating segments include North America includes operations in Georgia, Colorado, Florida, Canada, New York, Arizona, Pennsylvania, Michigan and Oklahoma; Europe includes operations in England, Ireland, The Netherlands and France; The Latin America includes operations in Colombia, Argentina, Venezuela, Peru, Ecuador, Chile and Brazil. The Asia or Pacific includes operations in China, Singapore and Japan. The tw telecom inc. (tw telecom) is an indirect, wholly owned subsidiary of the Company. The Company offers services, which includes core network services and wholesale voice services. It offers products, which include core network services, including transport and fiber services, colocation and data center services, IP and data services, managed services, cloud and IT services, voice services and wholesale voice services, including voice termination and toll free.