Shares of WellCare Health Plans (NYSE:WCG) Sees Large Inflow of Net Money Flow

WellCare Health Plans (NYSE:WCG) had a weak trading session and its shares were last down at $105.36, down -0.04% or -0.04 points. The trading data also revealed that the total net flow stood at $14.05 million as the shares had $22.23 million in upticks but lost $8.17 million in downticks. The up/down ratio was 2.72. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of 1.08% in the shares.The block trade data suggests an inflow of $13.44 million in upticks and an outflow of $0 million in downticks. The up/down ratio for the block stood at 0. The net money flow for this transaction was recorded at $13.44.

Shares of WellCare Health Plans, Inc. rose by 0.94% in the last five trading days and 10.18% for the last 4 weeks. WellCare Health Plans, Inc. is up 14.08% in the last 3-month period. Year-to-Date the stock performance stands at 34.54%.

Currently the company Insiders own 0.5% of WellCare Health Plans shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.33% . During last six month period, the net percent change held by insiders has seen a change of -14.38%. . On the companys insider trading activities,The director of Wellcare Health Plans, Inc., Hickey Kevin F sold 1,000 shares at $105.56 on June 15, 2016. The Insider selling transaction had a total value worth of $105,560. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

WellCare Health Plans (NYSE:WCG) witnessed a decline in the market cap on Friday as its shares dropped 0.17% or 0.18 points. After the session commenced at $105.8, the stock reached the higher end at $106.79 while it hit a low of $104.95. With the volume soaring to 676,211 shares, the last trade was called at $105.22. The company has a 52-week high of $106.79. The company has a market cap of $4,656 million and there are 44,252,428 shares in outstanding. The 52-week low of the share price is $69.16.

WellCare Health Plans, Inc. (WellCare) is a managed care company for government-sponsored health care coverage with a focus on Medicaid and Medicare programs. The Company offers a range of managed care health plans for families, children, and the aged, blind and disabled, as well as prescription drug plans. The Company operates in three segments: Medicaid Health Plans, Medicare Health Plans and Medicare Prescription Drug Plans (PDPs). It operates Medicaid health plans in Florida, Georgia, Hawaii, Illinois, Kentucky, Missouri, New Jersey, New York and South Carolina. In addition, it offers Medicare Advantage (MA) coordinated care plans (CCPs) in certain counties in Arizona, Arkansas, California, Connecticut, Florida, Georgia, Hawaii, Illinois, Kentucky, Louisiana, Mississippi, Missouri, New Jersey, New York, Ohio, South Carolina, Tennessee and Texas. It also offers stand-alone Medicare PDPs in 49 states and the District of Columbia.

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