Shares of Danaher Corporation (NYSE:DHR) Sees Large Outflow of Money

Danaher Corporation (NYSE:DHR) surged 0.13% during the last session. The last traded price was up 0.13 points at $98.87. The data for the fund flow suggests that the net intraday money flow was $(-1.6) million. The fund value in upticks was recorded to be $5.16 million and in downticks, it was found to be $6.76 million. The up/down ratio for the day was measured to be 0.76. For the week, the shares have seen a percentage change of 1.14%.A block trade of $(-2.55) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $2.55 million. The block tradeoff had the up/down ratio of 0.


The stock has recorded a 20-day Moving Average of 0.11% and the 50-Day Moving Average is 1.75%. The company shares have rallied 15.19% in the past 52 Weeks. On May 25, 2016 The shares registered one year high of $100.5 and one year low was seen on January 26, 2016 at $81.25. The 50-day moving average is $98.39 and the 200 day moving average is recorded at $92.84. S&P 500 has rallied 1.93% during the last 52-weeks.

Danaher Corporation (NYSE:DHR): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $99.14 and $98.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $99.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $99.03, notching a gain of 0.29% for the day. The total traded volume was 1,651,719 . The stock had closed at $98.74 on the previous day.

Currently the company Insiders own 12.6% of Danaher Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -12.3% . Institutional Investors own 78.19% of Danaher Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -12.66%. On the companys insider trading activities,The officer (SVP, Human Resources) of Danaher Corp /De/, Lalor Angela S sold 8,392 shares at $97.77 on May 12, 2016. The Insider selling transaction had a total value worth of $820,486. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. It operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental, and Industrial Technologies. The Test & Measurement segment offers test, measurement and monitoring products. The Environmental segment products and services help protect the global water supply, facilitate environmental stewardship and enhance the safety of personal data. The Companys diagnostics business offers analytical instruments, reagents, consumables, software and services. The Dental segment provides products that are used to diagnose, treat and prevent disease and ailments of the teeth, gums and supporting bone. The Companys Industrial Technologies solutions help protect the worlds food supply, improve packaging design and quality, verify pharmaceutical dosages and authenticity and power innovative machines.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.