Shares of Philip Morris International Inc (PM) Sees Large Inflow of Net Money Flow

Philip Morris International Inc (PM) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $48.1 million worth of transactions were on upticks, whereas, the downticks accounted for $44.96 million worth of transactions. The net money flow was a positive $3.14 million and the uptick to downtick ratio was 1.07. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 2.83 in their favor. The net money flow into the stock was $1.92 million. The value of block trades done on downticks was only $1.05 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $2.96 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Philip Morris International Inc (PM) was trading at $99.09, down $0.24 during day. The stock slid -0.24% over the previous days close. For the week, the stock recorded -2.4% over the previous weeks close.


Philip Morris International, Inc. has dropped 0.21% in the last five trading days, however, the shares have posted positive gains of 0.18% in the last 4 weeks. Philip Morris International, Inc. is up 1.84% in the last 3-month period. Year-to-Date the stock performance stands at 16.62%.

Philip Morris International Inc (PM) : 7 brokerage houses believe that Philip Morris International Inc (PM) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Philip Morris International Inc (PM). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 11 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.

Philip Morris International Inc (NYSE:PM): The stock opened at $99.56 and touched an intraday high of $99.71 on Wednesday. During the day, the stock corrected to an intraday low of $98.9, however, the bulls stepped in and pushed the price higher to close in the green at $99.41 with a gain of 0.08% for the day. The total traded volume for the day was 3,974,104. The stock had closed at $99.33 in the previous trading session.

Philip Morris International Inc. is a holding company engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. The Companys products are sold in more than 180 markets, which include a range of international and local, premium, mid-price and low-price brands. Its premium price brands include Marlboro, Merit, Parliament and Virginia Slims; mid-price brands are L&M and Chesterfield, and international brands include Bond Street, Lark, Muratti, Next, Philip Morris and Red & White. Its local cigarette brands consist of Sampoerna, Dji Sam Soe and U Mild in Indonesia; Fortune, Champion and Hope in the Philippines; Diana in Italy; Optima and Apollo-Soyuz in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece, and Petra in the Czech Republic and Slovakia.

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