Large Inflow of Money Witnessed in Proto Labs

Proto Labs (NYSE:PRLB) : Wednesdays money flow data in Proto Labs (NYSE:PRLB) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $3.76 million, whereas, $2.94 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.28, in favor of the bulls. The total money flow into the stock was $0.82 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.75 million. The total value of block trades done on upticks was $0.75 million. Proto Labs (NYSE:PRLB) fell $0.03 and traded at $55.56, down -0.04% for the day, over previous days close. On a weekly basis, the shares are -1.31% over the previous weeks close.


In an insider trading activity,The director of Proto Labs Inc, Gawlick Rainer sold 357 shares at $61.2 on May 19, 2016. The Insider selling transaction had a total value worth of $21,848. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 8.48% of Proto Labs shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of -3.26%.

The company shares have dropped -17.91% from its 1 Year high price. On Apr 22, 2016, the shares registered one year high at $82.06 and the one year low was seen on Feb 3, 2016. The 50-Day Moving Average price is $62.17 and the 200 Day Moving Average price is recorded at $65.66. Proto Labs (NYSE:PRLB): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $56.25 and $55.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $56.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $56.33, notching a gain of 1.35% for the day. The total traded volume was 365,153 . The stock had closed at $55.58 on the previous day.

Proto Labs, Inc. (Proto Labs) is an online manufacturer of custom parts for prototyping and short-run production. The Company utilizes computer numerical control (CNC), machining and injection molding to manufacture custom parts for its customers. The Company provides parts for product developers and engineers across the world. The Company utilizes computer numerical control (CNC), machining and injection molding to manufacture custom parts for its customers. The Company targets its products to the product developers and engineers who use three-dimensional computer-aided design (3D CAD), software to design products across a diverse range of end-markets. Its primary manufacturing product lines include Protomold, which is an injection molding product line, Firstcut, which is a CNC machining product line, and Fineline, which is an additive-manufactured (3D printing) product line. The Company has operations in the United States, Europe and Japan.

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