Shares of Sirius XM Holdings (SIRI) Sees Large Outflow of Money

Sirius XM Holdings (SIRI) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($8.86 million) and the uptick to downtick ratio was 0.79. The transaction value on upticks was $32.45 million and on downticks, the transaction value was $41.32 million. In block trades, the transaction value of inflow done during uptick was $5.5 million. The transaction value of block trades during downticks was $3.3 million. The uptick to downtick block trade ratio was 1.67. The money flow was negative ($2.2 million), indicating the traders were booking profit on the price strength. Sirius XM Holdings (SIRI) rose $0.05 at $4.14, during intraday Thursday , a rise of 1.22% over the previous days close.


The stock has recorded a 20-day Moving Average of 4.27% and the 50-Day Moving Average is 4.67%. Shares have rallied 8.38% from its 1 Year high price. On Nov 23, 2015, the shares registered one year high at $4.20 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $3.96 and the 200 Day Moving Average price is recorded at $3.85.

Sirius XM Holdings (NASDAQ:SIRI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.11 and $4.10 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.16. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.14, notching a gain of 1.22% for the day. The total traded volume was 45,735,822 . The stock had closed at $4.09 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Mooney James, director of Sirius Xm Holdings Inc., had unloaded 173 shares at an average price of $3.91 in a transaction dated on May 24, 2016. The total value of the transaction was worth $676.

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