Shares of BHP Billiton Limited (BHP) Sees Large Inflow of Net Money Flow

BHP Billiton Limited (BHP) dropped slightly amid mild profit booking and the last known price was $41.16 per share. The price decreased by -0.13 points or -0.31% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $3.02 million. The total upticks were valued at $7.71 million and the total downticks aggregated to $4.69 million, thereby putting the up/down ratio at 1.64,. The shares has seen a change in the share price of -0.19% on a weekly basis.In a big block trade which occurred today, the total uptick value was $2.01 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $2.01 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

BHP Billiton Limited has dropped 0.65% in the last five trading days, however, the shares have posted positive gains of 15.74% in the last 4 weeks. BHP Billiton Limited is up 18.25% in the last 3-month period. Year-to-Date the stock performance stands at 15.74%. BHP Billiton Limited (NYSE:BHP) rose 0.29% or 0.12 points on Wednesday and made its way into the gainers of the day. After trading began at $41.5 the stock was seen hitting $41.68 as a peak level and $41.01 as the lowest level. The stock ended up at $41.41. The daily volume was measured at 1,984,494 shares. The 52-week high of the share price is $41.79 and the 52-week low is $20.12. The company has a market cap of $110,201 million.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.BHP Billiton Limited (ADR) was Downgraded by Credit Suisse to Neutral on Dec 7, 2016. BHP Billiton Limited (ADR) was Upgraded by Citigroup to Buy on Dec 5, 2016. Company shares were Reiterated by Cowen on Nov 10, 2016 to Market Perform, Raises Price Target to $ 40 from a previous price target of $32 .BHP Billiton Limited (ADR) was Initiated by HSBC Securities to Hold on Nov 10, 2016.

BHP Billiton is a leader in the global natural resources industry. The Group has high-value and industry-leading positions in aluminium, metallurgical coal, thermal coal, copper, ferro-alloys, iron ore and titanium minerals and also has substantial interests in oil, gas, nickel, diamonds and silver.


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