Large Inflow of Money Witnessed in Babcock

Babcock (NYSE:BW): $0.69 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.17. The value of trades done on upticks was $4.69 million, whereas, trades done on downticks were valued at $3.99 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.21 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.21 million. Babcock (NYSE:BW) fell $0.32 traded at $14.6, a change of -2.14% over the previous day. The stock is -26% for the week.


In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (SVP and Chief HR Officer) of Babcock & Wilcox Enterprises, Inc., Radtke Wendy S had purchased shares worth of $30,067 in a transaction dated on November 27, 2015. A total of 1,580 shares were purchased at a price of $19.03 per share. The information is based on open market trades at the market prices.Option exercises are not covered. Currently the company Insiders own 1.5% of Babcock shares according to the proxy statements. Institutional Investors own 98.82% of Babcock shares.

Babcock (NYSE:BW): The stock opened at $14.94 on Wednesday but the bulls could not build on the opening and the stock topped out at $15.14 for the day. The stock traded down to $14.58 during the day, due to lack of any buying support eventually closed down at $14.60 with a loss of -2.14% for the day. The stock had closed at $14.92 on the previous day. The total traded volume was 1,522,565 shares.

Babcock & Wilcox Enterprises, Inc. is engaged in engineering, manufacturing, procurement, and erection of equipment and technology, which is used in the power generation industry and other industries. The Company is a technology-based provider of fossil and renewable power generation equipment, which includes boiler products and environmental systems, and services for power and industrial uses. It operates through three segments, including Global Power, which consists of boiler and environmental products businesses that serves large steam generating and industrial customers; Global Services, which provides a mix of products and services to support availability of steam generating, and associated environmental and auxiliary equipment that serve steam generating utility and industrial customers, and Industrial Environmental, which represents its environmental products and services business, which serves industrial end markets, such as chemical and pharmaceutical, among others.

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