Shares of Viacom (VIAB) Sees Large Outflow of Money

Viacom (VIAB): The stock had negative money flow to the tune of ($1.43 million) on Thursday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $5.59 million, whereas, the outflow of money on downticks was $7.02 million and the ratio between the two was 0.8. The block trade had a negative net money flow of ($0.84 million). The total block trade value undertaken on upticks was $1.42 million. On the other hand, downticks amounted to $2.26 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.63. Viacom (VIAB) closed with marginal gains of 21 cents to end the day at $45.01, an increase of 0.47% over the previous days close. The stock recorded -0.42% for the week.


The stock has recorded a 20-day Moving Average of 4.66% and the 50-Day Moving Average is 6.7%. Shares have dropped -28.12% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $62.32 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $42.90 and the 200 Day Moving Average price is recorded at $40.67.

Viacom (NASDAQ:VIAB): The stock was completely flat for the day, closing at $44.80 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $45.52, the stock touched an intraday high of $45.60 and a low of $44.64. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $44.80. The total trading volume on Thursday was 3,054,271.

Viacom Inc. (Viacom) is an entertainment content company that connects with audiences in over 160 countries and territories and creates compelling television programs, motion pictures, short-form video, applications, games, consumer products, social media and other entertainment content. The Company operates through two segments: Media Networks and Filmed Entertainment. Viacom Media Networks program services reached approximately 700 million households in over 160 countries. Viacom Media Networks operates the international extensions of the multimedia brands MTV, VH1, Nickelodeon, Comedy Central and BET, as well as certain program services. The Companys Filmed Entertainment segment produces, finances, acquires and distributes motion pictures and other entertainment content. under the Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films and Nickelodeon Movies brands.

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