Shares of Ball Corporation (NYSE:BLL) Sees Large Outflow of Money

Ball Corporation (NYSE:BLL) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($72.55 million) and the uptick to downtick ratio was 0.45. The transaction value on upticks was $58.5 million and on downticks, the transaction value was $131.05 million. In block trades, the transaction value of inflow done during uptick was $0.87 million. The transaction value of block trades during downticks was $75.72 million. The uptick to downtick block trade ratio was 0.01. The money flow was negative ($74.86 million), indicating the traders were booking profit on the price strength. Ball Corporation (NYSE:BLL) rose $0.79 at $71.39, during intraday Wednesday , a rise of 1.12% over the previous days close.


In an insider trading activity, Peterson James N, officer (SVP & COO Global MF & HHP Pkg) of Ball Corp, unloaded 2,000 shares at an average price of $72.55 on May 12, 2016. The total amount of the transaction was worth $145,100, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 3.5% of Ball Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 3.73% . Institutional Investors own 85.97% of Ball Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 3.96%.

The company shares have dropped -1.45% from its 1 Year high price. On Apr 25, 2016, the shares registered one year high at $76.69 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $72.29 and the 200 Day Moving Average price is recorded at $70.44. Ball Corporation (NYSE:BLL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $71.30 and $70.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $71.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $71.39, notching a gain of 1.12% for the day. The total traded volume was 7,195,471 . The stock had closed at $70.60 on the previous day.

Ball Corporation (Ball) is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company operates in four segments. The metal beverage packaging, Americas and Asia segment consists of operations in the United States, Canada, Brazil and the PRC, which manufacture aluminum containers used in beverage packaging. . The metal beverage packaging, Europe segment consists of operations in Europe, which manufacture and sell metal beverage containers. The metal food and household products packaging segment consists of operations in the United States, Europe, Canada, Mexico and Argentina that manufacture and sell metal food, aerosol, paint, general line and extruded aluminum containers, decorative specialty containers and aluminum slugs. The aerospace and technologies segment consists of the manufacture and sale of aerospace and other related products and services provided for the defense, civil space and commercial space industries.

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