Shares of Masco Corporation (NYSE:MAS) Sees Large Outflow of Money

Masco Corporation (NYSE:MAS): The stock had negative money flow to the tune of ($18.2 million) on Wednesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $13.45 million, whereas, the outflow of money on downticks was $31.65 million and the ratio between the two was 0.42. The block trade had a negative net money flow of ($18.23 million). The total block trade value undertaken on upticks was $1.52 million. On the other hand, downticks amounted to $19.75 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.08. Masco Corporation (NYSE:MAS) closed with marginal gains of 55 cents to end the day at $30.47, an increase of 1.84% over the previous days close. The stock recorded 0.96% for the week.


In an insider trading activity,The officer (Group President) of Masco Corp /De/, OReagan Richard A. sold 6,000 shares at $31.36 on June 23, 2016. The Insider selling transaction had a total value worth of $188,160. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1.7% of Masco Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7% . Institutional Investors own 94.8% of Masco Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -33.99%.

The company shares have rallied 25.87% from its 1 Year high price. On Apr 20, 2016, the shares registered one year high at $32.92 and the one year low was seen on Jul 21, 2015. The 50-Day Moving Average price is $31.45 and the 200 Day Moving Average price is recorded at $29.47. Masco Corporation (NYSE:MAS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.19 and $30.12 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.60. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.47, notching a gain of 1.84% for the day. The total traded volume was 3,931,083 . The stock had closed at $29.92 on the previous day.

Masco Corporation manufactures, distributes and installs home improvement and building products. The Companys segments include Cabinets and Related Products, Plumbing Products, Installation and Other Services, Decorative Architectural Products and Other Specialty Products. Its Cabinets and Related Products includes assembled kitchen and bath cabinets, and home office workstations, entertainment centers, storage products; bookcases, and kitchen utility products. Its Plumbing Products include faucets, plumbing fittings and valves, showerheads and hand showers, bathtubs and shower enclosures, toilets and spas. The Installation and Other Services includes the sale, installation and distribution of insulation and other building products. Its Decorative Architectural Products include paints and stains, and cabinet, door, window and other hardware. Its Other Specialty Products include windows, window frame components and patio doors, staple gun tackers, staples and other fastening tools.

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