Shares of Ashland (NYSE:ASH) Sees Large Inflow of Net Money Flow

Ashland (NYSE:ASH) traded with a cut of -2.08 points or -1.79% at $114.28 per share. As per the last available information, the stock aggregated $19.69 million in upticks and $6.18 million in downticks, keeping the net money flow capped at $13.51 million. The up/down ratio was found to be 3.19. For the week, the shares have seen a change of 0.02% in the share price.A block trade of $14.95 million in upticks and $0 million in downticks also took place during the day. The up/down ratio for the block stood at 0. The net money flow for this transaction was $14.95 million.


Currently the company Insiders own 0.8% of Ashland shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.89% . Institutional Investors own 91.41% of Ashland shares. During last six month period, the net percent change held by insiders has seen a change of -8.89%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Willis J Kevin, officer (Chief Financial Officer) of Ashland Inc., had unloaded 1,183 shares at an average price of $110.99 in a transaction dated on May 4, 2016. The total value of the transaction was worth $131,301.

Ashland (NYSE:ASH) stock ended Monday session in the red zone in a volatile trading. The stock closed down 2.08 points or 1.79% at $114.28 with 335,570 shares getting traded. Post opening the session at $115.39, the shares hit an intraday low of $114.15 and an intraday high of $116.38 and the price was in this range throughout the day. The company has a market cap of $7,092 million and the number of outstanding shares have been calculated to be 62,060,722 shares. The 52-week high of Ashland (NYSE:ASH) is $128.36 and the 52-week low is $88.3.

Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, Credit Suisse assumes its outlook on Ashland (NYSE:ASH). The current rating of the shares is Outperform, according to the research report released by the firm. The brokerage firm announces the price target at $118 per share. The rating by the firm was issued on March 24, 2016.

Ashland Inc. (Ashland) is a specialty chemical company that provides products, services and solutions to industries. The Companys segments are: Ashland Specialty Ingredients offers products, technologies and resources in key markets including personal and home care, pharmaceutical, food and beverage, coatings, construction, energy and other industries; Ashland Water Technologies is a supplier of specialty chemicals and services to the pulp, paper, mining, food and beverage, power generation, refining, chemical processing, general manufacturing and municipal markets. Ashland Performance Materials helps customers to create substitutes for traditional materials through higher performing, cost-efficient resin and adhesive technologies that improve the manufacturing, fabrication and design process, and Ashland Consumer Markets delivers premium-branded automotive, commercial and industrial lubricants, automotive chemicals and car-care products.

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