Large Inflow of Money Witnessed in WD-40 Company

WD-40 Company (NASDAQ:WDFC) : $5.66 million worth of transactions were on upticks in WD-40 Company (NASDAQ:WDFC), compared to $3.9 million on downticks. The ratio between the two was 1.45, whereas, the net money flow stood at a healthy $1.76 million on Wednesdays session. The consistent buying on upticks in the stock accounted for $0.01million worth of trades. The total money flow into the stock stood at $0.01 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.43%. The stock was trading at $113.21, with a drop of $0.49 over the previous days close. The stock recorded 1.08% for the week.


In an insider trading activity, The Securities and Exchange Commission has divulged that Rembolt Jay, officer (Vice President Finance & CFO) of Wd 40 Co, had unloaded 1,202 shares at an average price of $105 in a transaction dated on February 10, 2016. The total value of the transaction was worth $126,210. Currently the company Insiders own 3.84% of WD-40 Company shares according to the proxy statements. Institutional Investors own 72.31% of WD-40 Company shares.

The company shares have rallied 28.63% from its 1 Year high price. On Jun 15, 2016, the shares registered one year high at $118.18 and the one year low was seen on Aug 26, 2015. The 50-Day Moving Average price is $111.67 and the 200 Day Moving Average price is recorded at $105.27. WD-40 Company (NASDAQ:WDFC): The stock opened at $114.58 on Wednesday but the bulls could not build on the opening and the stock topped out at $117.03 for the day. The stock traded down to $112.10 during the day, due to lack of any buying support eventually closed down at $113.21 with a loss of -0.43% for the day. The stock had closed at $113.70 on the previous day. The total traded volume was 127,664 shares.

WD-40 Company, is a global consumer Products Company. As of August 31, 2012, the Companys products included WD-40 Smart Straw, WD-40 Trigger Pro, 3-IN-ONE Professional Garage Door Lube, Spot Shot Pet Clean which is a non-aerosol Spot Shot trigger product, and a mildew stain remover under the X-14 brand. In addition, its WD-40 Specialist product line, consists of certain specialty maintenance products. The Companys three geographical segments are: the Americas, Europe and Asia-Pacific. The Company sells its products primarily through mass retail and home center stores, warehouse club stores, grocery stores, hardware stores, automotive parts outlets and industrial distributors and suppliers. During the fiscal year ended August 31, 2012, the Company formed WD-40 Bike Company LLC, focused on the development of a line of bicycle maintenance products for cyclists and mechanics.

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