Mettler-Toledo International (NYSE:MTD) witnessed a selling pressure and the shares last traded with a loss of -1.25 points or -0.33% at $374.74. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $5.37 million with an inflow of $15.46 million in upticks and an outflow of $10.09 million in downticks. Using the data, the up/down ratio is found to be 1.53. The share price has recorded 1.33% on a weekly basis.
The stock has recorded a 20-day Moving Average of 0.01% and the 50-Day Moving Average is 2.09%. The company shares have rallied 9.48% in the past 52 Weeks. On June 9, 2016 The shares registered one year high of $386.68 and one year low was seen on September 28, 2015 at $275.3. The 50-day moving average is $370 and the 200 day moving average is recorded at $341.86. S&P 500 has rallied 1.93% during the last 52-weeks.
Mettler-Toledo International (NYSE:MTD): The stock opened at $376.54 on Tuesday but the bulls could not build on the opening and the stock topped out at $377.94 for the day. The stock traded down to $373.29 during the day, due to lack of any buying support eventually closed down at $374.74 with a loss of -0.33% for the day. The stock had closed at $375.99 on the previous day. The total traded volume was 119,261 shares.
Currently the company Insiders own 5.6% of Mettler-Toledo International shares according to the proxy statements. Institutional Investors own 96.22% of Mettler-Toledo International shares. During last six month period, the net percent change held by insiders has seen a change of -16.34%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Chu Wah-Hui, director of Mettler Toledo International Inc/, had unloaded 1,000 shares at an average price of $384 in a transaction dated on June 9, 2016. The total value of the transaction was worth $384,000.
Mettler-Toledo International Inc. is a supplier of precision instruments and services. The Company is a provider of weighing instruments for use in laboratory, industrial and food retailing applications. The Company is also a provider of analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development, and process analytics instruments used for in-line measurement in production processes. In addition, it is also a supplier of end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. The Company operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The Companys products include laboratory instruments, industrial instruments and retail weighing solutions. The Companys manufacturing facilities are located in China, Switzerland, the United States, Germany and the United Kingdom.