Large Inflow of Money Witnessed in CSX Corporation

CSX Corporation (NYSE:CSX) dropped by -1.09 or -0.3 points during the last session to $26.71 per share. One of the highlights of the day was the net money flow figure, which stood at $1.68 million even as the stock accepted $22.5 million in upticks but rejected $20.82 million in downticks. The up/down ratio for the last observation was a 1.08. The 1-week percentage change for the stock price is registered at -0.17%.A block transaction occurred with $8.9 million in upticks and $6.69 million in downticks while the up/down ratio was calculated to be 1.33. The stock witnessed a net inflow of $2.21 million at the end of the block trade.


The stock has recorded a 20-day Moving Average of 1.05% and the 50-Day Moving Average is 1.75%. The company shares have dropped 22.55% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $35.43 and one year low was seen on January 20, 2016 at $21.33. The 50-day moving average is $26.18 and the 200 day moving average is recorded at $25.28. S&P 500 has rallied 1.93% during the last 52-weeks.

CSX Corporation (NYSE:CSX): The stock opened at $26.73 on Tuesday but the bulls could not build on the opening and the stock topped out at $26.84 for the day. The stock traded down to $26.35 during the day, due to lack of any buying support eventually closed down at $26.63 with a loss of -1.37% for the day. The stock had closed at $27.00 on the previous day. The total traded volume was 7,624,066 shares.

Currently the company Insiders own 0.36% of CSX Corporation shares according to the proxy statements. Institutional Investors own 69.63% of CSX Corporation shares. On the companys insider trading activities, Ratcliffe David M, director of Csx Corp, had purchased 1,868 shares on September 1, 2015. The total value of the transaction was $50,137. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

CSX Corporation (CSX), together with its subsidiaries, is a transportation company. The Company provides rail-based transportation services, including traditional rail service and the transport of intermodal containers and trailers. The Company has three lines of business: merchandise business, coal business and the intermodal business. The Companys merchandise business transports aggregates (which include crushed stone, sand and gravel), metal, phosphate, fertilizer, food, consumer (manufactured goods and appliances), agricultural, automotive, paper and chemical products. Its coal business transports domestic coal, coke and iron ore to electricity-generating power plants, steel manufacturers and industrial plants, as well as export coal to deep-water port facilities. Through a network of around 50 terminals, the intermodal business serves markets east of the Mississippi and transports manufactured consumer goods in containers, providing truck-like services for longer shipments.

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