Shares of Time Warner (TWX) Sees Large Inflow of Net Money Flow

Time Warner (TWX) : Mondays money flow data in Time Warner (TWX) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $51.36 million, whereas, $32.81 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.57, in favor of the bulls. The total money flow into the stock was $18.56 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $18.88 million. The total value of block trades done on upticks was $21.85 million. The value of bearish trades on downticks was only $2.97 million.The up/down ratio in the block trades was a healthy 7.35 in favor of the bulls, suggesting strong buying in the stock by large traders. Time Warner (TWX) fell $0.73 and traded at $77.91, down -0.93% for the day, over previous days close. On a weekly basis, the shares are -0.06% over the previous weeks close.


Time Warner Inc. is up 4.15% in the last 3-month period. Year-to-Date the stock performance stands at 21.87%. Time Warner Inc. has dropped 0.6% in the last five trading days, however, the shares have posted positive gains of 6.12% in the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Time Warner Inc., Novack Kenneth J had sold 8,400 shares worth of $626,724 in a transaction dated June 9, 2016. In this transaction, 8,400 shares were sold at $74.61 per share.

Time Warner (NYSE:TWX): On Mondays trading session , Opening price of the stock was $78.43 with an intraday high of $78.48. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $77.87. However, the stock managed to close at $77.91, a loss of 0.93% for the day. On the previous day, the stock had closed at $78.64. The total traded volume of the day was 3,453,465 shares.

Time Warner Inc. (Time Warner) is a media and entertainment company. The Company operates in three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of domestic premium pay television services, and international premium pay and basic tier television services, and Warner Bros., which consists of television, feature film, home video and videogame production and distribution of digital and physical home entertainment products. Turner operates over 165 channels globally. In the United States, its networks and related properties include TNT, TBS, Adult Swim, truTV, Turner Classic Movies, Turner Sports, Cartoon Network, Boomerang, CNN and HLN. Outside the United States, Turners portfolio of brands and digital businesses reaches consumers in over 200 countries.

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.