Shares of W.P. Carey (WPC) Sees Large Inflow of Net Money Flow

W.P. Carey (WPC) : Investors lapped up stocks on upticks to the tune of $4.86 million in the Mondays trading session. The trading value on downticks was comparatively at $2.99 million and the uptick to downtick ratio of 1.63 indicates continuous buying by the bulls. The net money flow into the stock was $1.87 million. Upticks saw transactions worth $0.1 clearly indicating buying by large investors. The total money flow for block trades stood at $0.1 million, which is a positive for the stock in the long-term. W.P. Carey (WPC) fell $0.05 during the day at $69.77, a drop of -0.07% over the previous days close. However, for the week, the stock is 1.2%, compared to the previous week.


W. P. Carey Inc. is up 13.73% in the last 3-month period. Year-to-Date the stock performance stands at 21.99%. W. P. Carey Inc. has dropped 0.01% in the last five trading days, however, the shares have posted positive gains of 4.64% in the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of W. P. Carey Inc., Vandeweghe Mary M had purchased shares worth of $63,080 in a transaction dated on May 9, 2016. A total of 1,000 shares were purchased at a price of $63.08 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

W.P. Carey (NYSE:WPC): The stock was completely flat for the day, closing at $69.82 on Monday. The flat closing masks the intraday volatility in the stock. After opening at $69.94, the stock touched an intraday high of $69.94 and a low of $69.56. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $69.82. The total trading volume on Monday was 231,638.

Comments (0)

Leave a Reply

Your email address will not be published.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