Shares of TIM Participacoes S.A. (TSU) Sees Large Inflow of Net Money Flow

TIM Participacoes S.A. (TSU) : Investors lapped up stocks on upticks to the tune of $4.41 million in the Wednesdays trading session. The trading value on downticks was comparatively at $1.02 million and the uptick to downtick ratio of 4.31 indicates continuous buying by the bulls. The net money flow into the stock was $3.39 million. Upticks saw transactions worth $3.26 clearly indicating buying by large investors. The total money flow for block trades stood at $3.26 million, which is a positive for the stock in the long-term. TIM Participacoes S.A. (TSU) fell $0.01 during the day at $12.19, a drop of -0.08% over the previous days close. However, for the week, the stock is 0.49%, compared to the previous week.

TIM

Shares of TIM Participacoes S.A. appreciated by 3.06% during the last five trading days but lost 2.66% on a 4-week basis. TIM Participacoes S.A. is up 19.94% in the last 3-month period. Year-to-Date the stock performance stands at 50.71%.

TIM Participacoes S.A. (TSU) has an average broker rating of 2.2, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

TIM Participacoes S.A. (NYSE:TSU): The stock opened at $12.21 and touched an intraday high of $12.45 on Wednesday. During the day, the stock corrected to an intraday low of $12.13, however, the bulls stepped in and pushed the price higher to close in the green at $12.45 with a gain of 2.05% for the day. The total traded volume for the day was 2,246,199. The stock had closed at $12.2 in the previous trading session.

TIM Participacoes S.A. is a holding company. The Company provides mobile telecommunication services in Brazil. The Company, through its subsidiaries in various telecommunications markets, operates mobile, fixed and long distance telephony, data transmission and ultra-broadband services. The Companys wholly owned subsidiaries include TIM Celular S.A., which provides landline telephone services (STFC) – domestic long distance and international long distance voice services, personal mobile service (SMP) and multimedia communication service (SCM) in all Brazilian states and in the Federal District, and Intelig Telecomunicacoes Ltda., which provides STFC – local voices services and SCM services in all Brazilian states and in the Federal District (DF). The Company offers global system for mobile communications (GSM) telecommunications services, 3G and 4G technologies.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.