Shares of VimpelCom Ltd. (VIP) Sees Large Inflow of Net Money Flow

VimpelCom Ltd. (VIP): $2.7 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 4.26. The value of trades done on upticks was $3.53 million, whereas, trades done on downticks were valued at $0.83 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $2.85 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $0.24 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 11.73 was strongly in favor of the bulls. The money flow in block trades was $2.61 million. VimpelCom Ltd. (VIP) fell $0.01 traded at $3.5, a change of -0.28% over the previous day. The stock is -1.13% for the week.


Shares of VimpelCom Ltd. appreciated by 1.13% during the last five trading days but lost 17.74% on a 4-week basis. VimpelCom Ltd. has dropped 6.3% during the last 3-month period . Year-to-Date the stock performance stands at 8.84%.

VimpelCom Ltd. (VIP) : 5 analysts are covering VimpelCom Ltd. (VIP) and their average rating on the stock is 1.5, which is read as a Strong Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. VimpelCom Ltd. (VIP) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

VimpelCom Ltd. (NASDAQ:VIP): The stock opened at $3.53 and touched an intraday high of $3.57 on Wednesday. During the day, the stock corrected to an intraday low of $3.4601, however, the bulls stepped in and pushed the price higher to close in the green at $3.57 with a gain of 1.71% for the day. The total traded volume for the day was 8,089,197. The stock had closed at $3.51 in the previous trading session.

VimpelCom Ltd. (VimpelCom) is a Netherlands-based holding company. VimpelCom is a global provider of telecommunications services in 14 countries. The Company operates through six segments: Russia, Italy, Algeria, Africa & Asia, Ukraine, and the Commonwealth of Independent States (CIS). The company provides voice and data services through a range of traditional and broadband mobile and fixed-line technologies. The VimpelCom Group operates in Italy and emerging markets, which include companies operating in Russia, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, and Pakistan. The operations of these companies cover a territory with a total population of approximately 740 million as of December 31, 2014. The Company provides services under the Beeline, Kyivstar, banglalink, Mobilink, Djezzy, WIND and Infostrada brands. As of December 31, 2014, the Company had 222 million mobile customers.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *