Large Outflow of Money Witnessed in Itau Unibanco Banco Holding SA

Itau Unibanco Banco Holding SA (ITUB) managed to stay afloat and traded higher with an addition of 0.16 point or 1.35% at $11.97. The money flow data is a negative $(-4.22) million with $12.27 million in upticks and $16.49 million in downticks. The intraday up/down ratio came in at 0.74. The shares has seen -0.87% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $1.12 million and the combined worth of the downticks was $7.05, Million, leading to the up/down ratio of 0.16. The block trade saw a net money flow of $(-5.93) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Itau Unibanco Holding S.A. has dropped 1.56% in the last five trading days, however, the shares have posted positive gains of 16.39% in the last 4 weeks. Itau Unibanco Holding S.A. is up 1.86% in the last 3-month period. Year-to-Date the stock performance stands at 16.39%. Itau Unibanco Banco Holding SA (NYSE:ITUB) rose 1.31% or 0.1547 points on Wednesday and made its way into the gainers of the day. After trading began at $11.84 the stock was seen hitting $12.05 as a peak level and $11.83 as the lowest level. The stock ended up at $11.96. The daily volume was measured at 12,003,537 shares. The 52-week high of the share price is $12.22 and the 52-week low is $5.236363. The company has a market cap of $81,910 million.

BANCO ITAU -ADRs main goal is to focus on an equilibrium between growth and profitability, aimed at always generating value for the stockholder in the long run.


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