Large Inflow of Money Witnessed in Terex Corporation

Terex Corporation (NYSE:TEX) : Wednesdays money flow data in Terex Corporation (NYSE:TEX) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $0.71 million, whereas, $0.57 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.23, in favor of the bulls. The total money flow into the stock was $0.13 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.27 million. The total value of block trades done on upticks was $0.27 million. Terex Corporation (NYSE:TEX) fell $0.02 and traded at $19.14, down -0.1% for the day, over previous days close. On a weekly basis, the shares are -8.16% over the 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 officer (SVP & Chief Financial Officer) of Terex Corp, Bradley Kevin had sold 12,000 shares worth of $248,880 in a transaction dated June 16, 2016. In this transaction, 12,000 shares were sold at $20.74 per share. Currently the company Insiders own 3.7% of Terex Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.03% . Institutional Investors own 77.61% of Terex Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 0.76%.

The company shares have dropped -15.03% from its 1 Year high price. On Aug 12, 2015, the shares registered one year high at $27.11 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $22.34 and the 200 Day Moving Average price is recorded at $21.66. Terex Corporation (NYSE:TEX): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.40 and $19.06 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.71, notching a gain of 2.87% for the day. The total traded volume was 1,124,770 . The stock had closed at $19.16 on the previous day.

Terex Corporation is a lifting and material handling solutions company. The Company is focused providing its operations and delivering solutions for a range of commercial applications, including the construction, infrastructure, quarrying, mining, manufacturing, transportation, energy and utility industries. The Company operates in business segments: Aerial Work Platforms, Construction, Cranes, Material Handling & Port Solutions, and Materials Processing. Its products are manufactured in North and South America, Europe, Australia and Asia and sold across the world. It offers a range of products, including portable material lifts, telehandlers, wheel loaders, midi excavators, site dumpers, tower cranes, utility equipment, industrial cranes, reach stackers, washing systems, chippers and sprinter carriers, among others. Its brands include Terex, Genie, Demag and Powerscreen.

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