Shares of Starwood Hotels & Resorts Worldwide (HOT) Sees Large Outflow of Money

Starwood Hotels & Resorts Worldwide (HOT): The stock had negative money flow to the tune of ($16.5 million) on Thursday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $11.02 million, whereas, the outflow of money on downticks was $27.53 million and the ratio between the two was 0.4. The block trade had a negative net money flow of ($16.25 million). On the other hand, downticks amounted to $16.25 million of the traded value, which shows distribution in the stock by traders. Starwood Hotels & Resorts Worldwide (HOT) closed with marginal gains of 22 cents to end the day at $77.15, an increase of 0.29% over the previous days close. The stock recorded 0.59% for the week.


The stock has recorded a 20-day Moving Average of 3.64% and the 50-Day Moving Average is 2.54%. Shares have dropped -6.77% from its 1 Year high price. On Jul 30, 2015, the shares registered one year high at $86.96 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $74.03 and the 200 Day Moving Average price is recorded at $72.67.

Starwood Hotels & Resorts Worldwide (NYSE:HOT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $77.45 and $77.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $77.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $77.15, notching a gain of 0.29% for the day. The total traded volume was 1,318,540 . The stock had closed at $76.93 on the previous day.

In an insider trading activity,The officer (EVP & CIO) of Starwood Hotel & Resorts Worldwide, Inc, Poulter Martha sold 2,481 shares at $70.61 on March 7, 2016. The Insider selling transaction had a total value worth of $175,183. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Starwood Hotels & Resorts Worldwide, Inc. is a hotel and leisure company. The Companys hotel business is focused on the global operation of hotels and resorts primarily in the luxury and upper upscale segments of the lodging industry. The Company owns Starwood Vacation Ownership, Inc., a provider of world-class vacation experiences through villa-style resorts and privileged access to Starwood brands. It manages and operates its hotel business in three hotel segments: the Americas, Europe, Africa and the Middle East (EAME), and Asia Pacific. Its vacation ownership and residential business is a separate segment. As of December 31, 2014, the Companys hotel business included 1,207 owned, managed or franchised hotels with approximately 346,600 rooms, comprising 36 hotels that it owns or leases or in which the Company has a majority equity interest, 583 hotels managed by the Company on behalf of third-party owners and 588 hotels for which it receives franchise fees.

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