Shares of Molson Coors Brewing Company (TAP) Sees Large Inflow of Net Money Flow

Molson Coors Brewing Company (TAP) stock had a bullish inflow of $18.44 million worth of trades on uptick and an outflow of $14.93 million in downticks on Monday. The total uptick to downtick ratio stood at 1.24. The net money flow into the stock was $3.51 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.74 million. An inflow of $2.2 million block trade was recorded on downticks. $3.94 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 1.79 in favor of the bulls. However, Molson Coors Brewing Company (TAP) stock traded down $0.21 , and reached $98.32, a drop of -0.21% over the previous day. On a weekly basis, the stock is -4.13%, over the previous weeks close.


Molson Coors Brewing Company is up 2.93% in the last 3-month period. Year-to-Date the stock performance stands at 6.45%. Molson Coors Brewing Company has lost 2.47% in the last five trading days and dropped 1.72% in the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the (Pres & CEO Molson Coors Intl) of Molson Coors Brewing Co, Anand Krishnan had sold 2,260 shares worth of $230,520 in a transaction dated June 1, 2016. In this transaction, 2,260 shares were sold at $102 per share.

Molson Coors Brewing Company (NYSE:TAP): stock turned positive on Monday. Though the stock opened at $98.61, the bulls momentum made the stock top out at $99.21 level for the day. The stock recorded a low of $97.51 and closed the trading day at $99.11, in the green by 0.59%. The total traded volume for the day was 1,828,922. The stock had closed at $98.53 in the previous days trading.

Molson Coors Brewing Company (MCBC) is a holding Company that operates as a brewer. The Company has a portfolio of owned and partner brands, including Carling, Coors Light, Molson Canadian and Staropramen brands, as well as craft and beers, such as Blue Moon, Creemore Springs, Cobra and Sharps Doom Bar. The Company operates in four segments: Molson Coors Canada (MCC or Canada segment), operating in Canada; MillerCoors LLC (MillerCoors or U.S. segment), operating in the United States (U.S.); Molson Coors Europe (Europe segment), operating in Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, Republic of Ireland, Romania, Serbia, Slovakia and the United Kingdom (U.K.), and Molson Coors International (MCI), operating in various other countries.

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