Shares of Walt Disney Company (The) (DIS) Sees Large Inflow of Net Money Flow

Walt Disney Company (The) (DIS): $4.48 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 1.18. The value of trades done on upticks was $29.85 million, whereas, trades done on downticks were valued at $25.37 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 $8.77 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $0.92 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 9.53 was strongly in favor of the bulls. The money flow in block trades was $7.85 million. Walt Disney Company (The) (DIS) fell $0.15 traded at $91.57, a change of -0.16% over the previous day. The stock is -1.82% for the week.

Walt

The Walt Disney Company has lost 0.21% in the last five trading days and dropped 2.81% in the last 4 weeks. The Walt Disney Company has dropped 4.24% during the last 3-month period . Year-to-Date the stock performance stands at -11.62%.

Walt Disney Company (The) (DIS) : Zacks Investment Research ranks Walt Disney Company (The) (DIS) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 12 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 21 research analysts is 2.62, which indicates as a Hold.

Walt Disney Company (The) (NYSE:DIS): The stock opened at $91.75 and touched an intraday high of $92.3 on Wednesday. During the day, the stock corrected to an intraday low of $91.48, however, the bulls stepped in and pushed the price higher to close in the green at $92.2 with a gain of 0.52% for the day. The total traded volume for the day was 8,272,345. The stock had closed at $91.72 in the previous trading session.

The Walt Disney Company, incorporated on July 28, 1995, together with its subsidiaries and affiliates, is a diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. Media Networks comprise an array of broadcast, cable, radio, publishing and digital businesses across two divisions the Disney/ABC Television Group and ESPN Inc. Walt Disney Parks and Resorts (WDP&R) is a provider of family travel and leisure experiences. The Walt Disney Studio brings movies, music and stage plays to consumers throughout the world. Disney Consumer Products (DCP) delivers product experiences across thousands of categories from toys and apparel to books and fine art. Disney Interactive is a creator of interactive entertainment across all current and emerging digital media platforms.

Comments (0)

Leave a Reply

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

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.