Shares of Omnicom Group (OMC) Sees Large Inflow of Net Money Flow

Omnicom Group (OMC) : Wednesdays money flow data in Omnicom Group (OMC) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $1.5 million, whereas, $0.71 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 2.12, in favor of the bulls. The total money flow into the stock was $0.79 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0 million. The total value of block trades done on upticks was $0 million. Omnicom Group (OMC) fell $0.04 and traded at $84.92, down -0.05% for the day, over previous days close. On a weekly basis, the shares are 0.82% over the previous weeks close.

Omnicom

Omnicom Group Inc. is up 7.17% in the last 3-month period. Year-to-Date the stock performance stands at 14.92%.

Omnicom Group (OMC) : The consensus on Omnicom Group (OMC) based on 7 analyst recommendation on the company stock is 2.71, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Omnicom Group (NYSE:OMC): The stock opened at $85.02 and touched an intraday high of $85.38 on Wednesday. During the day, the stock corrected to an intraday low of $84.58, however, the bulls stepped in and pushed the price higher to close in the green at $85.28 with a gain of 0.38% for the day. The total traded volume for the day was 777,799. The stock had closed at $84.96 in the previous trading session.

Omnicom Group Inc. is a holding company. The Company provides advertising, marketing and corporate communications services. The Companys branded networks and agencies operate in markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications. Its services in these disciplines include advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communications, data analytics and database management, among others. Its advertising brands include BBDO Worldwide, DDB Worldwide and TBWA Worldwide. The Companys branded agency networks operate in geographic regions, including the Americas, which includes North America and Latin America; EMEA, which includes Europe, the Middle East and Africa, and Asia Pacific, which includes Australia, China, India, Japan, Korea, New Zealand, Singapore and other Asian countries.

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