Shares of Cigna Corporation (CI) Sees Large Inflow of Net Money Flow

Cigna Corporation (CI) dropped -0.01% or -0.02 points to trade at $146.2 per share. As per the latest trading data available, the net money flow stood at $8.4 million as the shares received $35.67 million in upticks and gave away $27.27 million in downticks. The final up/down ratio was at 1.31. On a weekly basis, the stock has seen a change of -0.42%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 0. $6.69 million was the inflow in upticks and $0 million was the outflow in downticks. For the block trade, the net money flow was $6.69 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Cigna Corporation has dropped 0.63% in the last five trading days, however, the shares have posted positive gains of 10.68% in the last 4 weeks. Cigna Corporation is up 24.24% in the last 3-month period. Year-to-Date the stock performance stands at 10.68%. Cigna Corporation (NYSE:CI) rose 0.97% or 1.42 points on Wednesday and made its way into the gainers of the day. After trading began at $147 the stock was seen hitting $149.42 as a peak level and $145.36 as the lowest level. The stock ended up at $147.64. The daily volume was measured at 1,254,488 shares. The 52-week high of the share price is $149.42 and the 52-week low is $115.03. The company has a market cap of $37,905 million.

Company has reported several Insider transactions to the SEC, on Jan 26, 2017, Jane E Md Henney (director) sold 600 shares at 145.21 per share price.On Dec 22, 2016, Jason D Sadler (Pres., International Markets) sold 2,000 shares at 138.10 per share price.On Nov 17, 2016, Lisa R Bacus (EVP, Chief Marketing Officer) sold 15,548 shares at 137.69 per share price.

CIGNA Corporation Last issued its quarterly earnings results on Nov 3, 2016. The company reported $1.94 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $1.91. The company had revenue of $9880.00 million for the quarter, compared to analysts expectations of $9847.57 million. The companys revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.28 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.CIGNA Corporation was Initiated by Piper Jaffray to Overweight on Jan 4, 2017.

CIGNA Corporation is an investor-owned employee benefits organizations in the United States. Its subsidiaries are major providers of health care products and services, group life, accident and disability insurance, retirement products and services and investment management. CIGNA conducts its business through the following operating divisions: Employee Health Care, Life and Disability Benefits; Employee Retirement Benefits and Investment Services; International Life, Health and Employee Benefits; and Other Operations.


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