Large Inflow of Money Witnessed in BorgWarner

BorgWarner (NYSE:BWA) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.44. The total value of inflow transactions on upticks was $3.25 million, whereas, the total value of outflow trades on downticks was $2.26 million. The total money flow was $0.99 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.03 million. The total value of the trades done on upticks was $1.03 million. BorgWarner (NYSE:BWA) was trading with a -0.25% change over previous days close. It fell $0.07 during the day and reached $28.35. The stock was -7.05% compared to the previous weeks close.


In an insider trading activity, The director, of Borgwarner Inc, Cuneo Dennis C had unloaded 2,500 shares at $33.53 per share in a transaction on May 27, 2016. The total value of transaction was $83,825. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.65% of BorgWarner shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.87% . Institutional Investors own 92.39% of BorgWarner shares. During last six month period, the net percent change held by insiders has seen a change of -6.23%.

The company shares have dropped -50.51% from its 1 Year high price. On Jul 2, 2015, the shares registered one year high at $57.71 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $33.14 and the 200 Day Moving Average price is recorded at $34.90. BorgWarner (NYSE:BWA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.71 and $28.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.29, notching a gain of 3.06% for the day. The total traded volume was 2,651,137 . The stock had closed at $28.42 on the previous day.

BorgWarner Inc. is a supplier of engineered automotive systems and components for powertrain applications. The Company operates through two segments: Engine and Drivetrain. The Engine segment develops and manufactures products in gasoline and diesel engines and alternative powertrains. The Drivetrain segment develops and manufactures products for automatic transmissions and all-wheel drive (AWD) vehicles. The Company manufactures and sells the product across the world, to equipment manufacturers (OEMs) of light vehicles. The Company sells the products to other OEMs of commercial vehicles and off-highway vehicles (agricultural and construction machinery and marine applications). It also manufactures and sells its products to Tier One vehicle systems suppliers and into the aftermarket for light, commercial and off-highway vehicles. The Company operates manufacturing facilities serving customers in the Americas, Europe and Asia and is an equipment supplier to automotive OEM.

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