Large Inflow of Money Witnessed in Allison Transmission Holdings

Allison Transmission Holdings (NYSE:ALSN) witnessed a selling pressure and the shares last traded with a loss of -0.15 points or -0.52% at $27.99. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $2.39 million with an inflow of $4.98 million in upticks and an outflow of $2.59 million in downticks. Using the data, the up/down ratio is found to be 1.92. The share price has recorded 0.81% on a weekly basis.A block trade of $2.58 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $2.58, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 0.49% and the 50-Day Moving Average is 0.44%. The company shares have dropped 7.13% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $30.57 and one year low was seen on February 9, 2016 at $20.56. The 50-day moving average is $27.99 and the 200 day moving average is recorded at $25.93. S&P 500 has rallied 1.93% during the last 52-weeks.

Allison Transmission Holdings (NYSE:ALSN): The stock opened at $28.05 on Tuesday but the bulls could not build on the opening and the stock topped out at $28.09 for the day. The stock traded down to $27.87 during the day, due to lack of any buying support eventually closed down at $27.95 with a loss of -0.64% for the day. The stock had closed at $28.13 on the previous day. The total traded volume was 916,304 shares.

Currently the company Insiders own 1.91% of Allison Transmission Holdings shares according to the proxy statements. Institutional Investors own 99.47% of Allison Transmission Holdings shares. On the companys insider trading activities, Pittard Dana Jh, officer (VP, Defense Programs) of Allison Transmission Holdings Inc, executed a transaction worth $2,152 on February 11, 2016. A total of 100 shares were purchased at an average price of $21.52. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Allison Transmission Holdings, Inc. designs and manufactures commercial and defense transmissions. The Company offers fully-automatic transmissions for medium-and heavy-duty commercial vehicles and medium-and heavy-tactical United States defense vehicles. The Companys transmissions are used in a variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked). The Companys transmissions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. The Company has over 100 different models that are used in over 2,500 different vehicle configurations and are compatible with more than 500 combinations of engine brands, models and ratings, including diesel, gasoline, natural gas and other alternative fuels.

Leave a Reply

Get Pre-Market Alerts!

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