Shares of Liberty Global plc (LILAK) Sees Large Outflow of Money

Liberty Global plc (LILAK) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (11.65 million) in Liberty Global plc (LILAK). On Thursday, The value of composite uptick trades was $18.69 million, whereas, the value of composite downtick trades was $30.34 million and the ratio between the two was 0.62, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $14.82 million. $4.69 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.32. The negative money flow of ($10.13 million) shows selling on strength. Liberty Global plc (LILAK) gained $1.55 intraday at $34.65 and registrered 4.68% for the week.


Liberty Global plc (LILAK) : Average target price received by Liberty Global plc (LILAK) is $53.5 with an expected standard deviation of $0.71. The most aggressive target on the stock is $54, whereas the most downbeat target is $53. 2 financial analysts are currently covering the stock. The stock has recorded a 20-day Moving Average of 1.69% and the 50-Day Moving Average is 10.63%.

Liberty Global plc (NASDAQ:LILAK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.92 and $32.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.65, notching a gain of 4.68% for the day. The total traded volume was 2,942,388 . The stock had closed at $33.10 on the previous day.

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Your email address will not be published.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.