Large Inflow of Money Witnessed in Fluor Corporation

Fluor Corporation (NYSE:FLR) witnessed a selling pressure and the shares last traded with a loss of -0.24 points or -0.47% at $51.33. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $8.62 million with an inflow of $13.97 million in upticks and an outflow of $5.35 million in downticks. Using the data, the up/down ratio is found to be 2.61. The share price has recorded 0.84% on a weekly basis.A block trade of $8.62 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 $8.62, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 1.24% and the 50-Day Moving Average is 1.8%. The company shares have dropped 7.96% in the past 52 Weeks. On June 24, 2015 The shares registered one year high of $56.29 and one year low was seen on January 20, 2016 at $39.48. The 50-day moving average is $51.95 and the 200 day moving average is recorded at $49.19. S&P 500 has rallied 1.93% during the last 52-weeks.

Fluor Corporation (NYSE:FLR): The stock opened at $51.58 on Tuesday but the bulls could not build on the opening and the stock topped out at $51.68 for the day. The stock traded down to $50.96 during the day, due to lack of any buying support eventually closed down at $51.33 with a loss of -0.47% for the day. The stock had closed at $51.57 on the previous day. The total traded volume was 805,118 shares.

Currently the company Insiders own 1.1% of Fluor Corporation shares according to the proxy statements. Institutional Investors own 86.82% of Fluor Corporation shares. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Fluor Corp, Mcwhinney Deborah D, had purchased 2,352 shares in a transaction dated on August 26, 2015. The transaction was executed at $42.5 per share with total amount equaling $99,960.

Fluor Corporation (Fluor) is a holding company. The Company is a professional services company. The Company provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services. It operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services and Power. Through its Oil & Gas segment, Fluor serves the oil and gas production, processing, and chemical and petrochemical industries. The Industrial & Infrastructure segment provides design, engineering, procurement, construction, operations and maintenance, and project management services. The Government segment is a provider of engineering, construction, logistics, and environmental and nuclear services, among others. The Global Services segment provides a range of solutions to support projects across Fluor groups. In the Power segment, it provides a range of services to the gas-fueled and solid-fueled markets, among others.

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