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Large Outflow of Money Witnessed in Philip Morris International Inc

By Brian Driehaus

Philip Morris International Inc (NYSE:PM) managed to eke out gains of 0.15% in intraday trade. The share price increased by 0.13 points to $85.66. Till last observation, the net money flow was recorded at a negative $(-17.98) million. The total inflow of $40.08 million in upticks was completely overshadowed by an outflow of $58.06 million in downticks, giving the up/down ratio a value of 0.69. The shares have seen a change of 0.15% in the past week.A block trade occurred in the shares in which the composite value of the upticks was $0.86 million and the composite value in downticks was $20.69 million. The resultant up/down ratio for the block exchange was 0.04. The block trade had a negative money flow of $(-19.83) million.

The company shares have rallied 4.14% in the past 52 Weeks. On November 5, 2014 The shares registered one year high of $90.25 and one year low was seen on April 1, 2015 at $75.27. The 50-day moving average is $83 and the 200 day moving average is recorded at $82.05. S&P 500 has rallied 8.5% during the last 52-weeks. Philip Morris International Inc (NYSE:PM): 7 Analyst have given the stock of Philip Morris International Inc (NYSE:PM) a near short term price target of $89.71. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $3.86. The higher price target estimate is at $94 while the lower price estimates are fixed at $82.

On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The Securities and Exchange Commission has divulged that Calantzopoulos Andre, officer (Chief Executive Officer) of Philip Morris International Inc., had unloaded 25,000 shares at an average price of $85.37 in a transaction dated on July 23, 2015. The total value of the transaction was worth $2,134,250. Company has received recommendation from many analysts. JP Morgan initiates coverage on Philip Morris International Inc (NYSE:PM). Investors must note that the brokerage house has a Neutral rating on the shares of the company. The Brokerage Firm announces its price target at $90 per share on the company. The rating by the firm was issued on May 13, 2015.

Philip Morris International Inc (NYSE:PM) : On Monday heightened volatility was witnessed in Philip Morris International Inc (NYSE:PM) which led to swings in the share price. The shares opened for trading at $85.5 and hit $85.91 on the upside , eventually ending the session at $85.66, with a gain of 0.15% or 0.13 points. The heightened volatility saw the trading volume jump to 2,622,267 shares. The 52-week high of the share price is $90.25 and the company has a market cap of $132,703 million. The 52-week low of the share price is at $75.27 .

Philip Morris International Inc. (PMI) is a holding company. PMIs subsidiaries and affiliates and their licensees are engaged in the manufacture and sale of cigarettes and other tobacco products in markets outside of the United States of America. Its products are sold in approximately 180 countries. The Company divides its markets into four geographic segments: The European Union (EU) Region , The Eastern Europe, Middle East & Africa (EEMA) Region , The Asia Region and The Latin America & Canada Region. In January 1, 2011, it established a business structure with Vietnam National Tobacco Corporation (Vinataba) in Vietnam, further developing its joint venture with Vinataba through the licensing of Marlboro and establishing a PMI-controlled branch for the building of its brands. Effective June 26, 2014, Philip Morris International Inc acquired Nicocigs Ltd

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