Large Inflow of Money Witnessed in Ingredion Incorporated

Ingredion Incorporated (NYSE:INGR) stock had a bullish inflow of $26.15 million worth of trades on uptick and an outflow of $23.25 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.12. The net money flow into the stock was $2.9 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0.01 million. $0.01 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Ingredion Incorporated (NYSE:INGR) stock traded down $0.65 , and reached $123.67, a drop of -0.52% over the previous day. On a weekly basis, the stock is -0.11%, over the previous weeks close.


In an insider trading activity,The officer (Sr VP & Pres, Asia-Pac & EMEA) of Ingredion Inc, Kokke Jorgen sold 10,658 shares at $119.47 on June 8, 2016. The Insider selling transaction had a total value worth of $1,273,311. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1.7% of Ingredion Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.26% . Institutional Investors own 86.15% of Ingredion Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -12.57%.

The company shares have rallied 53.54% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $126.44 and the one year low was seen on Jul 9, 2015. The 50-Day Moving Average price is $120.48 and the 200 Day Moving Average price is recorded at $106.82. Ingredion Incorporated (NYSE:INGR): The stock opened at $125.24 on Wednesday but the bulls could not build on the opening and the stock topped out at $125.65 for the day. The stock traded down to $123.45 during the day, due to lack of any buying support eventually closed down at $123.67 with a loss of -0.52% for the day. The stock had closed at $124.32 on the previous day. The total traded volume was 995,146 shares.

Ingredion Incorporated is a manufacturer and supplier of starch and sweetener ingredients to a range of industries, including packaged food, beverage, brewing, industrial, pharmaceutical and personal care customers. The Company operates in four business segments: North America, South America, Asia Pacific and EMEA. North America segment consists of operations in the United States, Canada and Mexico and produces a range of both sweeteners and starches. South America segment includes 11 plants that produce regular, modified, waxy and tapioca starches, fructose and maltose syrups and syrup solids, dextrins and maltodextrins, dextrose, specialty starches, caramel color, sorbitol and vegetable adhesives. Asia Pacific segment manufactures corn-based products in South Korea, Australia and China and tapioca-based products in Thailand. EMEA segment includes five plants that produce modified and specialty starches, glucose and dextrose in England, Germany and Pakistan.

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