Shares of Unum Group (UNM) Sees Large Outflow of Money

Unum Group (UNM) : The total negative money flow of $0.75 million on Thursday indicates selling on strength. The inflow of money on upticks was $0.23 million, compared to $0.98 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.23. The negative money flow of $0.72 million in block trades reveals that the informed traders sold the stock on every bit of price strength.The transaction value of block trade on downtick was $0.72 million. The price action in the Unum Group (UNM) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $32.66 with a gain of $0.77 , a change of 2.41% over the previous days close. The stock registered 4.68% for the week.


The stock has recorded a 20-day Moving Average of 1.52% and the 50-Day Moving Average is 3.54%. Shares have dropped -13.58% from its 1 Year high price. On Jul 24, 2015, the shares registered one year high at $38.15 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $34.02 and the 200 Day Moving Average price is recorded at $31.67.

Unum Group (NYSE:UNM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.71 and $32.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $32.98. The buying momentum continued till the end and the stock did not give up its gains. It closed at $32.75, notching a gain of 2.70% for the day. The total traded volume was 2,077,811 . The stock had closed at $31.89 on the previous day.

In an insider trading activity,The officer (EVP, President & CEO, Colonial) of Unum Group, Arnold Timothy Gerald sold 1,600 shares at $36.99 on May 31, 2016. The Insider selling transaction had a total value worth of $59,184. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Unum Group is a provider of disability insurance products in the United States and the United Kingdom. The Companys business segments: Unum US, Unum UK, Colonial Life, Closed Block and Corporate. Unum US includes group long-term and short-term disability insurance, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business. Unum UK includes insurance for group long-term disability, group life and lines of business, which include individual disability and critical illness products. Colonial Life includes insurance for accident, sickness, and disability products, life products, and cancer and critical illness products to employees. The Companys Closed Block segment consists of individual disability, group and individual long-term care, and other insurance products no longer actively marketed. Its Corporate segment includes investment income on corporate assets not specifically allocated to a line of business.

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