Shares of Compass Minerals International (CMP) Sees Large Outflow of Money

Compass Minerals International (CMP) : The total money flow in Compass Minerals International (CMP) was negative ($3.4 million), showing the domination of sellers in the Tuesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $15.93 million. Transactions on upticks were comparatively lower at $12.53 million. The uptick to downtick ratio was 0.79. The total block trades done on upticks were valued at $0.86 million. The total block trades on downticks were valued at $2.64 million. The uptick to the downtick ratio of block trades was 0.32. The money flow during block trades was negative ($1.79 million) when the stock traded with a gain of $252 cent. Compass Minerals International (CMP) was $75.32, an increase of 3.45% over the previous days close.


Also, Stifel Nicolaus initiates coverage on Compass Minerals International (NYSE:CMP) The current rating of the shares is Buy. The rating by the firm was issued on July 13, 2016.

Shares of Compass Minerals International Inc. rose by 1.33% in the last five trading days and 9.48% for the last 4 weeks. Compass Minerals International Inc. has dropped 3.79% during the last 3-month period . Year-to-Date the stock performance stands at 2%.

Compass Minerals International (NYSE:CMP): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.50 and $72.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $75.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $75.32, notching a gain of 3.45% for the day. The total traded volume was 645,557 . The stock had closed at $72.81 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Goadby David J, officer (Vice President) of Compass Minerals International Inc, had unloaded 5,239 shares at an average price of $72.52 in a transaction dated on March 14, 2016. The total value of the transaction was worth $379,932.

Compass Minerals International, Inc. (CMP) is a holding company. The Company is a producer and marketer of essential minerals, including salt, sulfate of potash specialty fertilizer (SOP), and magnesium chloride. The Company operates through two segments: salt and plant nutrition. The salt segment produces and markets salt and magnesium chloride for use in road deicing and dust control, food processing, water softeners, and agricultural and industrial applications. SOP crop nutrients, industrial-grade SOP, magnesium chloride for agricultural purposes and other plant nutrients are produced and marketed through the plant nutrition segment. As of December 31, 2014, the Company operated 12 production and packaging facilities, including the largest rock salt mine in the world in Goderich, Ontario, Canada, and the largest rock salt mine in the United Kingdom in Winsford, Cheshire.

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