Shares of Morgan Stanley (MS) Sees Large Outflow of Money

Morgan Stanley (MS) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (23.12 million) in Morgan Stanley (MS). On Thursday, The value of composite uptick trades was $40.79 million, whereas, the value of composite downtick trades was $63.91 million and the ratio between the two was 0.64, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $35.24 million. $7.12 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.2. The negative money flow of ($28.12 million) shows selling on strength. Morgan Stanley (MS) gained $0.54 intraday at $25.69 and registrered 2.15% for the week.


Morgan Stanley (MS) stock is expected to deviate a maximum of $5.26 from the average target price of $33.46 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $45 and the most muted being $27. The stock has recorded a 20-day Moving Average of 0.96% and the 50-Day Moving Average is 2.26%.

Morgan Stanley (NYSE:MS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.27 and $25.26 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.69, notching a gain of 2.15% for the day. The total traded volume was 13,428,720 . The stock had closed at $25.15 on the previous day.

Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates, the Company provides a variety of products and financial services to a group of clients and customers, including corporations, governments, financial institutions and individuals. The Companys operating segments include Institutional Securities, Wealth Management and Investment Management. The Companys Institutional Securities business segment provides financial advisory and capital-raising services to a group of corporate and other institutional clients. Wealth Management business segment provides financial services to clients through a network of 16,076 global representatives in 622 locations. Investment Management business segment consists of Traditional Asset Management, Alternative Investments, Merchant Banking and Real Estate Investing activities and offers clients an array of equity, fixed income, alternative investments, real estate and merchant banking strategies.

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