Shares of Western Union Company (The) (WU) Sees Large Outflow of Money

Western Union Company (The) (WU): The stock had negative money flow to the tune of ($0.8 million) on Thursday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $0.1 million, whereas, the outflow of money on downticks was $0.9 million and the ratio between the two was 0.11. The block trade had a negative net money flow of ($0.83 million). On the other hand, downticks amounted to $0.83 million of the traded value, which shows distribution in the stock by traders. Western Union Company (The) (WU) closed with marginal gains of 22 cents to end the day at $20.11, an increase of 1.08% over the previous days close. The stock recorded 2.73% for the week.


The stock has recorded a 20-day Moving Average of 4.86% and the 50-Day Moving Average is 4.83%. Shares have rallied 2.24% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $20.62 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $19.19 and the 200 Day Moving Average price is recorded at $18.73.

Western Union Company (The) (NYSE:WU): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.07 and $19.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.12. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.04, notching a gain of 0.75% for the day. The total traded volume was 1,926,279 . The stock had closed at $19.89 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Schenkel Amintore, officer (Chief Acct. Officer) of Western Union Co, had unloaded 28,816 shares at an average price of $20.13 in a transaction dated on April 19, 2016. The total value of the transaction was worth $580,066.

The Western Union Company (Western Union) is a global provider of money movement and payment services. The Company classifies its businesses into three: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Consumer-to-Consumer operating segment facilitates money transfers between two consumers, primarily through a network of third-party agents. The Consumer-to-Business operating segment facilitates bill payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies and other businesses. The Consumer-to-Business payments services are available through a variety of services that include Speedpay, Pago Facil and Western Union Payments. The Business Solutions operating segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions for small and medium size enterprises and other organizations and individuals.

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