Large Inflow of Money Witnessed in Timken Company (The)

Timken Company (The) (NYSE:TKR) : Wednesdays money flow data in Timken Company (The) (NYSE:TKR) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $2.61 million, whereas, $2.13 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 $0.48 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.33 million. The total value of block trades done on upticks was $0.33 million. Timken Company (The) (NYSE:TKR) fell $0.02 and traded at $29.56, down -0.07% for the day, over previous days close. On a weekly basis, the shares are -2.89% over the previous weeks close.


In an insider trading activity, Woods Jacqueline F, director of Timken Co, unloaded 2,500 shares at an average price of $33.74 on May 31, 2016. The total amount of the transaction was worth $84,350, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 10.3% of Timken Company (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -17.23% . Institutional Investors own 76.69% of Timken Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -17.23%.

The company shares have dropped -19.29% from its 1 Year high price. On Apr 28, 2016, the shares registered one year high at $37.07 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $32.97 and the 200 Day Moving Average price is recorded at $31.04. Timken Company (The) (NYSE:TKR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.00 and $29.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.72, notching a gain of 0.47% for the day. The total traded volume was 910,538 . The stock had closed at $29.58 on the previous day.

The Timken Company (Timken) engineers, manufactures and markets bearings, transmissions, gearboxes, chain and related products and offers a spectrum of power system rebuild and repair services around the world. The Company operates through two segments: Mobile Industries, which offers bearings, seals, lubrication devices and systems, as well as power transmission components, engineered chain, augers and related products and maintenance services, and Process Industries, which provides industrial bearings and assemblies, power transmission components such as gears and gearboxes, couplings, seals, lubricants, chains and related products and services. The Companys industrial brands include Timken, Fafnir, Philadelphia Gear, Drives and Interlube. The Company sells products and services to the following market sectors: industrial equipment, construction, agriculture, rail, aerospace and defense, automotive, heavy truck and energy.

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