Large Inflow of Money Witnessed in MTS Systems Corporation

MTS Systems Corporation (NASDAQ:MTSC) : MTS Systems Corporation (NASDAQ:MTSC) had a healthy money flow of $0.54 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $1.87 million, whereas, investors only sold shares worth $1.33 million on downticks. The stock closed the day with an up-down ratio of 1.41.The money flow in the block trades to the tune of $0.01 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.01 million worth of transactions were on upticks. MTS Systems Corporation (NASDAQ:MTSC) stock slid $0.52 intraday and traded at 43.25, a change of -1.19% over previous days close. However, for the week, the company shares are -2.48% compared to previous weeks close.


In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Mts Systems Corp, Yu Chun Hung, had purchased 2,000 shares in a transaction dated on May 12, 2016. The transaction was executed at $47.44 per share with total amount equaling $94,880. Currently the company Insiders own 1.5% of MTS Systems Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 16.79% . Institutional Investors own 81.66% of MTS Systems Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 16.79%.

The company shares have dropped -36.06% from its 1 Year high price. On Jul 2, 2015, the shares registered one year high at $69.70 and the one year low was seen on Jun 14, 2016. The 50-Day Moving Average price is $46.31 and the 200 Day Moving Average price is recorded at $53.69. MTS Systems Corporation (NASDAQ:MTSC): The stock opened at $44.12 on Wednesday but the bulls could not build on the opening and the stock topped out at $44.24 for the day. The stock traded down to $43.03 during the day, due to lack of any buying support eventually closed down at $43.25 with a loss of -1.19% for the day. The stock had closed at $43.77 on the previous day. The total traded volume was 135,668 shares.

MTS Systems Corporation (MTS) is a global supplier of test systems and position sensors. The Companys operations are organized and managed in two business segments: the Test segment and the Sensors. Testing segments testing hardware, software and services solutions help customers improve their design, development, and manufacturing processes and are used for determining the mechanical behavior of materials, products, and structures. Test also sells a range of accessories and spare parts, as well as services, including installation, calibration, maintenance, training and consulting. MTS sensors segment provides controls for a range of industrial and vehicular applications. The segments customer industries include manufacturers of plastic injection molding machines, steel mills, fluid power, oil and gas, medical, wood product processing equipment, mobile equipment, and energy.

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