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

Philip Morris International Inc (PM) : On Monday, The money flowed into the Philip Morris International Inc (PM) stock with an uptick to downtick ratio was recorded at 1.56. Transactions worth $124.69 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $79.83 million. The total money flow into the stock was $44.85 million. The block trades reveal a bullish bias with an up-down ratio of 5.44. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $58.99 million of block transactions on upticks. The value of block trades on downticks was $10.85 million, indicating lower selling interest. The total money flow in block trades was $48.14 million. In terms of price action, Philip Morris International Inc (PM) traded down $0.63 during the session at $103. Compared to the previous days closing, the stock was down only by -0.61%. For the week, the stock is -0.09%, over previous weeks closing.


Philip Morris International, Inc. is up 3.42% in the last 3-month period. Year-to-Date the stock performance stands at 19.59%. Philip Morris International, Inc. has dropped 0.37% in the last five trading days, however, the shares have posted positive gains of 3.89% in the last 4 weeks. In a related news,The officer (Sr. VP & General Counsel) of Philip Morris International Inc., Firestone Marc S sold 18,000 shares at $97.06 on April 26, 2016. The Insider selling transaction had a total value worth of $1,747,080. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Philip Morris International Inc (NYSE:PM): On Mondays trading session , Opening price of the stock was $103.49 with an intraday high of $103.73. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $102.9. However, the stock managed to close at $103, a loss of 0.61% for the day. On the previous day, the stock had closed at $103.63. The total traded volume of the day was 4,446,507 shares.

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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