Large Inflow of Money Detected in Masco Corporation

Masco Corporation (MAS) stock had a bullish inflow of $1.78 million worth of trades on uptick and an outflow of $0.74 million in downticks on Tuesday. The total uptick to downtick ratio stood at 2.42. The net money flow into the stock was $1.05 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.08 million. $1.08 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Masco Corporation (MAS) stock traded down $0.03 , and reached $35.44, a drop of -0.07% over the previous day. On a weekly basis, the stock is 0.61%, over the previous weeks close.


Also, Citigroup maintains its view on Masco Corporation (NYSE:MAS) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Citigroup raises the price target from $33 per share to $38 per share on Masco Corporation. The rating by the firm was issued on July 29, 2016.

Masco Corporation has lost 0.84% in the last five trading days and dropped 2.61% in the last 4 weeks. Masco Corporation is up 9.19% in the last 3-month period. Year-to-Date the stock performance stands at 26.33%.

Masco Corporation (NYSE:MAS): The stock opened at $35.49 on Tuesday but the bulls could not build on the opening and the stock topped out at $35.59 for the day. The stock traded down to $35.26 during the day, due to lack of any buying support eventually closed down at $35.41 with a loss of -0.14% for the day. The stock had closed at $35.46 on the previous day. The total traded volume was 2,694,414 shares.

In a related news, Manoogian Richard A, director of Masco Corp /De/, unloaded 35,244 shares at an average price of $36.3 on August 9, 2016. The total amount of the transaction was worth $1,279,357, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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