Large Inflow of Money Witnessed in Goldcorp

Goldcorp (NYSE:GG) dropped -1.41% or -0.25 points to trade at $17.52 per share. As per the latest trading data available, the net money flow stood at $9.2 million as the shares received $22.08 million in upticks and gave away $12.88 million in downticks. The final up/down ratio was at 1.71. On a weekly basis, the stock has seen a change of -2.01%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 7.76. $9.29 million was the inflow in upticks and $1.2 million was the outflow in downticks. For the block trade, the net money flow was $8.09 million.


The stock has recorded a 20-day Moving Average of 0.25% and the 50-Day Moving Average is 1.51%. The company shares have rallied 7.24% in the past 52 Weeks. On May 2, 2016 The shares registered one year high of $20.24 and one year low was seen on January 21, 2016 at $9.46. The 50-day moving average is $17.91 and the 200 day moving average is recorded at $15.14. S&P 500 has rallied 1.93% during the last 52-weeks.

Goldcorp (NYSE:GG): The stock opened at $17.47 on Tuesday but the bulls could not build on the opening and the stock topped out at $17.73 for the day. The stock traded down to $17.42 during the day, due to lack of any buying support eventually closed down at $17.52 with a loss of -1.41% for the day. The stock had closed at $17.77 on the previous day. The total traded volume was 6,592,448 shares.

Institutional Investors own 59.58% of Goldcorp shares.

Goldcorp Inc. (Goldcorp) is a gold producer engaged in the acquisition, exploration, development and operation of gold properties in Canada, the United States, Mexico and Central and South America. The Companys principal products are gold and the byproduct silver, copper, lead and zinc. Goldcorps operating assets include four mines in Canada, two mines in Mexico, and four in Central and South America.

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