Large Outflow of Money Witnessed in International Paper Company

International Paper Company (IP) : The total negative money flow of $6.9 million on Friday indicates selling on strength. The inflow of money on upticks was $12.29 million, compared to $19.19 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.64. The negative money flow of $6.75 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $1.7 million in a block trade.The transaction value of block trade on downtick was $8.45 million. The uptick to downtick ratio was 0.2. The price action in the International Paper Company (IP) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $45.12 with a gain of $0.24 , a change of 0.53% over the previous days close. The stock registered -0.77% for the week.


International Paper Company (IP) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $57 and the lowest price target forecast is $25. The average forecast of all the analysts is $44.6 and the expected standard deviation is $8.1.

International Paper Company (NYSE:IP): stock turned positive on Friday. Though the stock opened at $44.94, the bulls momentum made the stock top out at $45.2199 level for the day. The stock recorded a low of $44.75 and closed the trading day at $45.12, in the green by 0.53%. The total traded volume for the day was 1,591,471. The stock had closed at $44.88 in the previous days trading.

In a related news,The officer (SVP & Pres., IP Latin America) of International Paper Co /New/, Landau Glenn R sold 10,000 shares at $43.28 on June 10, 2016. The Insider selling transaction had a total value worth of $432,800. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

International Paper Company is a paper and packaging company with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The Company operates in three segments: Industrial Packaging, Printing Papers and Consumer Packaging. Industrial Packaging segments products include linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft. Printing Papers segment products include uncoated papers, which engage in the business of producing papers for use in copiers, desktop and laser printers and pulp, which manufactures printing, writing and specialty papers, tissue products and filtration products. Consumer Packagings coated paperboard business produces coated paperboard for packaging and commercial printing end uses. Its foodservice business produces cups, lids, food containers and plates. Its brands include Hammermill, Springhill, Accent, Ballet, Rey, Pol, Everest, Fortress and Carolina.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.