Large Inflow of Money Witnessed in Norfolk Souther Corporation

The shares of Norfolk Souther Corporation (NYSE:NSC) traded with a loss of -0.27 points or -0.32% in the most recent session. The shares last traded at $85.38. As per the trading info, the shares saw $18.63 million in upticks and lost $16.53 million in downticks, resulting in a net money flow of $2.1 million. The up/down ratio for the day was measured at 1.13. For the week, the shares had posted 0.22%.From the block trade data available, the total upticks were valued at $2.19 million and the total downticks were valued at $0 million, thereby putting the up/down ratio at 0. The net money flow for the block transaction was $2.19 million.


The stock has recorded a 20-day Moving Average of 1.29% and the 50-Day Moving Average is 0.44%. The company shares have dropped 7.21% in the past 52 Weeks. On November 20, 2015 The shares registered one year high of $98.75 and one year low was seen on February 3, 2016 at $64.51. The 50-day moving average is $85.57 and the 200 day moving average is recorded at $81.15. S&P 500 has rallied 1.93% during the last 52-weeks.

Norfolk Souther Corporation (NYSE:NSC): The stock opened at $84.32 on Tuesday but the bulls could not build on the opening and the stock topped out at $85.54 for the day. The stock traded down to $84.32 during the day, due to lack of any buying support eventually closed down at $85.01 with a loss of -0.75% for the day. The stock had closed at $85.65 on the previous day. The total traded volume was 1,200,557 shares.

Currently the company Insiders own 0.66% of Norfolk Souther Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.19% . Institutional Investors own 69.58% of Norfolk Souther Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -5.19%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Hurlbut Thomas E, officer (Vice President and Controller) of Norfolk Southern Corp, had unloaded 668 shares at an average price of $89.92 in a transaction dated on May 5, 2016. The total value of the transaction was worth $60,067.

Norfolk Southern Corporation is a holding company. The Company owns a freight railroad, Norfolk Southern Railway Company. The Company is engaged in the rail transportation of raw materials, intermediate products and finished goods primarily in the Southeast, East and Midwest and through interchange with rail carriers, to and from the rest of the United States. The Company also transports overseas freight through various Atlantic and Gulf Coast ports. It provides logistics services and offers an intermodal network in the eastern half of the United States. The Companys system reaches various individual industries, electric generating facilities, mines, distribution centers, transload facilities and other businesses located in its service area. The Companys general merchandise market group is composed of five commodity groupings: chemicals; metals and construction; agriculture, consumer products, and Government; automotive, and paper, clay and forest products.

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