Large Inflow of Money Witnessed in Cummins

Cummins (NYSE:CMI) had a weak trading session and its shares were last down at $115.36, down -0.61% or -0.53 points. The trading data also revealed that the total net flow stood at $5.55 million as the shares had $37.07 million in upticks but lost $31.52 million in downticks. The up/down ratio was 1.18. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of 1.03% in the shares.The block trade data suggests an inflow of $6.44 million in upticks and an outflow of $1.64 million in downticks. The up/down ratio for the block stood at 3.92. The net money flow for this transaction was recorded at $4.8.


The stock has recorded a 20-day Moving Average of 0.94% and the 50-Day Moving Average is 1.5%. The company shares have dropped 14.51% in the past 52 Weeks. On June 24, 2015 The shares registered one year high of $136.98 and one year low was seen on January 20, 2016 at $79.88. The 50-day moving average is $113.94 and the 200 day moving average is recorded at $102.46. S&P 500 has rallied 1.93% during the last 52-weeks.

Cummins (NYSE:CMI): The stock opened at $115.57 on Tuesday but the bulls could not build on the opening and the stock topped out at $115.77 for the day. The stock traded down to $113.82 during the day, due to lack of any buying support eventually closed down at $115.36 with a loss of -0.53% for the day. The stock had closed at $115.97 on the previous day. The total traded volume was 1,216,628 shares.

Currently the company Insiders own 0.57% of Cummins shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.87% . Institutional Investors own 89.08% of Cummins shares. During last six month period, the net percent change held by insiders has seen a change of -16.68%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Rose Marya M, officer (V.P. – CAO) of Cummins Inc, had unloaded 848 shares at an average price of $112.11 in a transaction dated on May 25, 2016. The total value of the transaction was worth $95,069.

Cummins Inc. is a global diesel engine manufacturer. The Company designs, manufactures, distributes and services diesel and natural gas engines and engine-related component products, including filtration, after treatment, turbochargers, fuel systems, controls systems, air handling systems and electric power generation systems. It has four operating segments: Engine, Distribution, Components and Power Generation. The Company sells its products to original equipment manufacturers (OEMs), distributors and other customers. It serves its customers through a network of around 600 Company-owned and independent distributor locations and around 7,200 dealer locations in more than 190 countries. In addition, engines and engine components are manufactured by the Companys joint ventures or independent licensees at its manufacturing plants in the United States, China, India, South Korea, Mexico and Sweden. Its subsidiaries include Cummins India Ltd. and Wuxi Cummins Turbo Technologies Co. Ltd.

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