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

Sirius XM Holdings (SIRI): The stock had negative money flow to the tune of ($15.93 million) on Thursday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $49.26 million, whereas, the outflow of money on downticks was $65.19 million and the ratio between the two was 0.76. The block trade had a negative net money flow of ($0.88 million). The total block trade value undertaken on upticks was $10.85 million. On the other hand, downticks amounted to $9.97 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 1.09. Sirius XM Holdings (SIRI) closed with marginal gains of 4 cents to end the day at $4.03, an increase of 1% over the previous days close. The stock recorded 1.51% for the week.


Sirius XM Holdings (SIRI) : Currently there are 11 street experts covering Sirius XM Holdings (SIRI) stock. The most bullish and bearish price target for the stock is $5 and $4 respectively for the short term. The average price target of all the analysts comes to $4.69. The estimated standard deviation from the target is $0.43. The stock has recorded a 20-day Moving Average of 2.51% and the 50-Day Moving Average is 2.24%.

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 $4.00 and $3.99 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.03, notching a gain of 1.00% for the day. The total traded volume was 86,291,181 . The stock had closed at $3.99 on the previous day.

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