Large Outflow of Money Witnessed in United Technologies Corporation

United Technologies Corporation (NYSE:UTX) During the most recent session, the shares traded at 0.28 points or 0.27% higher at $102.28. The money flow data is unimpressive with the net money flow value of $(-3.49) million. As per the intraday data, the upticks measured $26.66 million and the downticks measured $30.14 million. As a result, the up/down ratio registered a value of 0.88. The shares have seen 1.84% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $7.14 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-7.14) million.


Currently the company Insiders own 0.15% of United Technologies Corporation shares according to the proxy statements. Institutional Investors own 84.27% of United Technologies Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 979.59%. On the companys insider trading activities, Gill Charles D, officer (Executive VP & General Counsel) of United Technologies Corp /De/, unloaded 8,958 shares at an average price of $102.04 on June 8, 2016. The total amount of the transaction was worth $914,074, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

United Technologies Corporation (NYSE:UTX) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.79 points or 0.77% at $101.21 with 4,494,522 shares getting traded. Post opening the session at $101.98, the shares hit an intraday low of $101.19 and an intraday high of $102.4 and the price was in this range throughout the day. The company has a market cap of $84,699 million and the number of outstanding shares have been calculated to be 836,865,680 shares. The 52-week high of United Technologies Corporation (NYSE:UTX) is $116.56 and the 52-week low is $83.39.

Many analysts have stated their opinion on the company shares. RBC Capital downgrades its view on United Technologies Corporation (NYSE:UTX) according to the research report released by the firm to its investors. The shares have now been rated Sector Perform by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. The rating by the firm was issued on May 3, 2016.

United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries across the world. The Company operates through five segments: Otis; UTC Climate, Controls & Security; Pratt & Whitney; UTC Aerospace Systems and Sikorsky. Otis designs, manufactures, sells and installs a range of passenger and freight elevators for low-, medium- and high-speed applications, as well as a line of escalators and moving walkways. UTC Climate, Controls & Security is a provider of heating, ventilating, air conditioning (HVAC) and refrigeration solutions. Pratt & Whitney segment supplies aircraft engines for the commercial, military, business jet and general aviation markets. UTC Aerospace Systems is a global provider of technologically advanced aerospace products and aftermarket service solutions. Its Sikorsky segment manufactures military and commercial helicopters and also provides aftermarket helicopter and aircraft parts and services.

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