Large Inflow of Money Witnessed in ATRION Corporation

ATRION Corporation (NASDAQ:ATRI) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $0.44 million worth of transactions were on upticks, whereas, the downticks accounted for $0.22 million worth of transactions. The net money flow was a positive $0.22 million and the uptick to downtick ratio was 2. The net money flow into the stock was $0.01 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.01 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. ATRION Corporation (NASDAQ:ATRI) was trading at $435.3, down $0.21 during day. The stock slid -0.05% over the previous days close. For the week, the stock recorded 2.22% over the previous weeks close.


In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chairman) of Atrion Corp, Battat Emile A had sold 012 shares worth of $5,184 in a transaction dated June 23, 2016. In this transaction, 012 shares were sold at $432 per share. Currently the company Insiders own 24.23% of ATRION Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.9% . Institutional Investors own 55.2% of ATRION Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -2.9%.

The company shares have rallied 11.35% from its 1 Year high price. On Jun 28, 2016, the shares registered one year high at $442.50 and the one year low was seen on Oct 7, 2015. The 50-Day Moving Average price is $409.31 and the 200 Day Moving Average price is recorded at $391.24. ATRION Corporation (NASDAQ:ATRI): The stock opened at $437.00 on Wednesday but the bulls could not build on the opening and the stock topped out at $437.70 for the day. The stock traded down to $432.38 during the day, due to lack of any buying support eventually closed down at $432.64 with a loss of -0.66% for the day. The stock had closed at $435.51 on the previous day. The total traded volume was 5,582 shares.

Atrion Corporation (Atrion) develops and manufactures products primarily for medical applications. The Companys medical products range from fluid delivery devices to ophthalmic and cardiovascular products. The Companys fluid delivery products include valves that promote infection control and needle safety. The Company has developed a variety of luer syringe check valves and one-way valves designed to fill, hold and release controlled amounts of fluids or gasses on demand for use in various intubation, catheter and other applications. The Company also makes tubing clamps in a variety of materials and colors that are compatible with various grades of tubing and sterilization processes and produce specialized intravenous sets for use in numerous applications, including anesthesia and oncology. The Companys principal cardiovascular product is the Myocardial Protection System (MPS2), a technology that delivers essential fluids and medications to the heart during open-heart surgery.

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