Shares of Monster Beverage Corporation (NASDAQ:MNST) Sees Large Inflow of Net Money Flow

Monster Beverage Corporation (NASDAQ:MNST) dropped slightly amid mild profit booking and the last known price was $155.58 per share. The price decreased by -0.24 points or -0.15% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $30.32 million. The total upticks were valued at $54.81 million and the total downticks aggregated to $24.5 million, thereby putting the up/down ratio at 2.24,. The shares have seen a change in the share price of 1.33% on a weekly basis.In a big block trade which occurred today, the total uptick value was $29.23 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $29.23 million.

Shares of Monster Beverage Corporation rose by 1.59% in the last five trading days and 4.81% for the last 4 weeks. Monster Beverage Corporation is up 14.25% in the last 3-month period. Year-to-Date the stock performance stands at 4.71%.

Currently the company Insiders own 10.2% of Monster Beverage Corporation shares according to the proxy statements. Institutional Investors own 66.8% of Monster Beverage Corporation shares. . On the companys insider trading activities, Schlosberg Hilton H, director officer (Vice Chairman and President) of Monster Beverage Corp, unloaded 2,001,350 shares at an average price of $156 on June 15, 2016. The total amount of the transaction was worth $312,210,600, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Monster Beverage Corporation (NASDAQ:MNST) rose 0.1% or 0.16 points on Friday and made its way into the gainers of the day. After trading began at $155.51 the stock was seen hitting $156.67 as a peak level and $154.115 as the lowest level. The stock ended up at $155.98. The daily volume was measured at 2,508,667 shares. The 52-week high of the share price is $160.5 and the 52-week low is $113.08. The company has a market cap of $31,671 million.

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Your email address will not be published.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.