Shares of WCI Communities, Inc. (WCIC) Sees Large Inflow of Net Money Flow

WCI Communities, Inc. (WCIC) traded negative at $23.35. On an intraday basis, the price dropped -0.05 points or -0.21%. The composite uptick value was $5.65 million while the combined downtick value was $0.53. The net money flow was $5.13 million while the up/down ratio was not very comforting at 10.76. The shares on a weekly note has seen a change in share price of -0.21%.According to the trading data, the shares saw a block trade with $5 million in upticks and $0 million in downticks. The up/down ratio for the block was calculated to be 0. The net money flow for the block trade was 5.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

WCI Communities, Inc. (NYSE:WCIC) rose 0.21% or 0.05 points on Wednesday and made its way into the gainers of the day. After trading began at $23.4 the stock was seen hitting $23.45 as a peak level and $23.35 as the lowest level. The stock ended up at $23.45. The daily volume was measured at 727,289 shares. The 52-week high of the share price is $24.28 and the 52-week low is $15.41. The company has a market cap of $617 million.

Company has reported several Insider transactions to the SEC, on Aug 24, 2015, Reinaldo L Mesa (officer ) sold 2,000 shares at 24.37 per share price.On Aug 10, 2015, Keith E Bass (PRESIDENT & CEO) sold 12,500 shares at 24.00 per share price.On Aug 4, 2015, Russell Devendorf (SVP AND CFO) sold 4,500 shares at 25.13 per share price.

WCI Communities Inc Last issued its quarterly earnings results on Jul 27, 2016. The company reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.30. The company had revenue of $167.40 million for the quarter, compared to analysts expectations of $158.74 million. The companys revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS.

WCI Communities, Inc. is a lifestyle community developer and luxury homebuilder of single- and multi-family homes. The Company operates in three segments: Homebuilding, Real Estate Services, and Amenities. The Homebuilding segment designs, builds, and sells single and multi family homes. The Real Estate Services segment provides real estate brokerage, and title insurance and closing services. The Amenities segment constructs, owns, and manages recreational amenities. Its communities are primarily located in Florida. WCI Communities, Inc. is headquartered in Bonita Springs, Florida.


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