Shares of T-Mobile US (TMUS) Rally 1.9%

T-Mobile US (TMUS) : Traders are bullish on T-Mobile US (TMUS) as it has outperformed the S&P 500 by a wide margin of 1.87% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.4%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.9% in the last 1 week, and is up 6.32% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 3.47% and the 50-Day Moving Average is 5.31%.

T-Mobile US (NYSE:TMUS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.34 and $44.03 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.41, notching a gain of 0.86% for the day. The total traded volume was 3,031,697 . The stock had closed at $44.03 on the previous day.


The company Insiders own 0.3% of T-Mobile US shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.61% . Institutional Investors own 33.85% of T-Mobile US shares. During last six month period, the net percent change held by insiders has seen a change of -11.39%. In a related news, Miller David A, officer (EVP, General Counsel & Sec.) of T-Mobile Us, Inc., unloaded 10,000 shares at an average price of $44 on July 11, 2016. The total amount of the transaction was worth $440,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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