Shares of Twenty-First Century Fox (FOXA) Sees Large Outflow of Money

Twenty-First Century Fox (FOXA) : Net money flow in Twenty-First Century Fox (FOXA) was negative ($2.21 million) and the inflow of money on uptick was $10.85 million, whereas, the outflow of money on downticks amounted to $13.06 million on Thursday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.83. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $3.34 million. On the other hand, the total value of block trades done on downticks was $5.7 million. The ratio of uptick to downtick block trades was 0.59. The money flow in block trades was negative ($2.37). Twenty-First Century Fox (FOXA) gained $0.19 cent during the day and reached $26.93, a gain of 0.71% over the previous day.


Twenty-First Century Fox (FOXA) : 16 Wall Street analysts covering Twenty-First Century Fox (FOXA) believe that the average level the stock could reach for the short term is $34.31. The maximum price target given is $45 and the minimum target for short term is around $30, hence the standard deviation is calculated at $3.65. The stock has recorded a 20-day Moving Average of 4.36% and the 50-Day Moving Average is 6.69%.

Twenty-First Century Fox (NASDAQ:FOXA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.71 and $26.63 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.93, notching a gain of 0.71% for the day. The total traded volume was 8,552,717 . The stock had closed at $26.74 on the previous day.

Twenty-First Century Fox, Inc. is a media and entertainment company. The Company operates through segments: Cable Network Programming, Television, Filmed Entertainment, and Other, Corporate and Eliminations. The Company produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies and online video distributors in the United States and internationally. The Company is engaged in the operation of broadcast television stations and the broadcasting of network programming in the United States. The Company is engaged in the production and acquisition of live-action and animated motion pictures for distribution and licensing in all formats in all entertainment media, and the production and licensing of television programming around the world.

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