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

Unum Group (UNM) : Net money flow in Unum Group (UNM) was negative ($1.23 million) and the inflow of money on uptick was $0.27 million, whereas, the outflow of money on downticks amounted to $1.5 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 0.18. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $1.26 million. The money flow in block trades was negative ($1.26). Unum Group (UNM) gained $0.28 cent during the day and reached $30.91, a gain of 0.91% over the previous day.


Unum Group (UNM) : Average target price received by Unum Group (UNM) is $37.56 with an expected standard deviation of $2.88. The most aggressive target on the stock is $41, whereas the most downbeat target is $31. 9 financial analysts are currently covering the stock. The stock has recorded a 20-day Moving Average of 8.12% and the 50-Day Moving Average is 10.96%.

Unum Group (NYSE:UNM): The stock opened at $30.40 on Thursday but the bulls could not build on the opening and the stock topped out at $31.09 for the day. The stock traded down to $30.24 during the day, due to lack of any buying support eventually closed down at $30.48 with a loss of -0.49% for the day. The stock had closed at $30.63 on the previous day. The total traded volume was 2,464,361 shares.

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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