T. Rowe Price Group (TROW) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $13.62 million worth of transactions were on upticks, whereas, the downticks accounted for $10.83 million worth of transactions. The net money flow was a positive $2.79 million and the uptick to downtick ratio was 1.26. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 3.75 in their favor. The net money flow into the stock was $3.01 million. The value of block trades done on downticks was only $1.1 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $4.11 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. T. Rowe Price Group (TROW) was trading at $74.59, down $0.06 during day. The stock slid -0.08% over the previous days close. For the week, the stock recorded 1.84% over the previous weeks close.
T. Rowe Price Group, Inc. has dropped 1.9% during the last 3-month period . Year-to-Date the stock performance stands at 5.9%. Shares of T. Rowe Price Group, Inc. rose by 1.7% in the last five trading days and 4.7% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Kennedy James A C, director of Price T Rowe Group Inc, had unloaded 50,000 shares at an average price of $77.75 in a transaction dated on April 27, 2016. The total value of the transaction was worth $3,887,500.
T. Rowe Price Group (NASDAQ:TROW): On Mondays trading session , Opening price of the stock was $74.67 with an intraday high of $74.92. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $74.42. However, the stock managed to close at $74.59, a loss of 0.08% for the day. On the previous day, the stock had closed at $74.65. The total traded volume of the day was 1,067,378 shares.
T. Rowe Price Group, Inc. is a financial services holding company. The Company provides global investment management services to individual and institutional investors in the sponsored T. Rowe Price mutual funds distributed in the United States and other investment portfolios. Its assets under management are accumulated from a client base across four primary distribution channels: third-party financial intermediaries that distribute its managed investment portfolios in the United States and other countries; individual United States investors on a direct basis; the United States defined contribution retirement plans, and institutional investors globally. The assets that it manages include a range of the United States and international stock, blended asset, bond and money market mutual funds, and other investment portfolios. It offers advisory services and a distribution management service. It provides administrative services as ancillary services to its investment advisory clients.