Large Inflow of Money Witnessed in Tenneco

Tenneco (NYSE:TEN) witnessed a selling pressure and the shares last traded with a loss of -1.34 points or -2.46% at $53.17. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $2.49 million with an inflow of $6.52 million in upticks and an outflow of $4.02 million in downticks. Using the data, the up/down ratio is found to be 1.62. The share price has recorded 0.17% on a weekly basis.A block trade of $2.39 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $2.39, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 0.78% and the 50-Day Moving Average is 1.99%. The company shares have dropped 11.41% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $61.73 and one year low was seen on February 8, 2016 at $34.45. The 50-day moving average is $52.88 and the 200 day moving average is recorded at $47.57. S&P 500 has rallied 1.93% during the last 52-weeks.

Tenneco (NYSE:TEN): The stock opened at $53.72 on Tuesday but the bulls could not build on the opening and the stock topped out at $54.14 for the day. The stock traded down to $52.44 during the day, due to lack of any buying support eventually closed down at $53.17 with a loss of -2.46% for the day. The stock had closed at $54.51 on the previous day. The total traded volume was 393,995 shares.

Currently the company Insiders own 4.3% of Tenneco shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.35% . Institutional Investors own 94.14% of Tenneco shares. During last six month period, the net percent change held by insiders has seen a change of -13.35%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Sherrill Gregg M, director officer (Chairman & CEO) of Tenneco Inc, had unloaded 51,609 shares at an average price of $54.22 in a transaction dated on May 31, 2016. The total value of the transaction was worth $2,798,240.

Tenneco Inc. (Tenneco) is a producer of clean air and ride performance products and systems for light vehicle, commercial truck, off-highway and other vehicle applications. The Company serves both original equipment vehicle manufacturers (OEMs) and the repair and replacement markets, or aftermarket, across the world. The Company operates in six segments: North America Clean Air; North America Ride Performance; Europe, South America and India Clean Air; Europe, South America and India Ride Performance; Asia Pacific Clean Air, and Asia Pacific Ride Performance. The Companys various brands include Monroe, Rancho, Clevite Elastomers, Marzocchi, Axios, Kinetic, and Fric-Rot, Walker, XNOx, Fonos, DynoMax and Thrush clean air products. As a parts supplier, it produces individual component parts for vehicles, as well as groups of components that are combined as modules or systems within vehicles.

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