Shares of LyondellBasell Industries NV (NYSE:LYB) Sees Large Outflow of Money

LyondellBasell Industries NV (NYSE:LYB): The stock had negative money flow to the tune of ($12.32 million) on Wednesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $38.29 million, whereas, the outflow of money on downticks was $50.61 million and the ratio between the two was 0.76. The block trade had a negative net money flow of ($13.81 million). The total block trade value undertaken on upticks was $5.07 million. On the other hand, downticks amounted to $18.88 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.27. LyondellBasell Industries NV (NYSE:LYB) closed with marginal gains of 167 cents to end the day at $74.01, an increase of 2.31% over the previous days close. The stock recorded -1.2% for the week.


In an insider trading activity, Covezzi Massimo, officer (SVP Research & Development) of Lyondellbasell Industries N.V., unloaded 7,551 shares at an average price of $89.14 on April 26, 2016. The total amount of the transaction was worth $673,096, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.14% of LyondellBasell Industries NV shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -42.52% . Institutional Investors own 73.56% of LyondellBasell Industries NV shares. During last six month period, the net percent change held by insiders has seen a change of -95.83%.

The company shares have dropped -28.42% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $104.66 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $80.12 and the 200 Day Moving Average price is recorded at $82.14. LyondellBasell Industries NV (NYSE:LYB): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.75 and $72.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $74.33. The buying momentum continued till the end and the stock did not give up its gains. It closed at $74.01, notching a gain of 2.31% for the day. The total traded volume was 2,796,333 . The stock had closed at $72.34 on the previous day.

LyondellBasell Industries N.V. (LyondellBasell) is a global, independent chemical company. The Company operates through five segments: Olefins and Polyolefins-Americas (OandP-Americas), Olefins and Polyolefins-Europe, Asia, International (OandP-EAI), Intermediates and Derivatives (IandD), Refining, and Technology. Its OandP-Americas segment produces and markets olefins, including ethylene and ethylene co-products, and polyolefin. Its OandP-EAI segment produces and markets olefins, including ethylene and ethylene co-products, polyolefin and specialty products, including polybutene-1 and polypropylene compounds. Its IandD segment produces and markets propylene oxide and its co-products and derivatives, acetyls, including methanol and ethylene oxide. Its Refining segment refines heavy, high-sulfur crude oil. Its Technology segment develops and licenses chemical and polyolefin process technologies and manufactures and sells polyolefin catalysts.

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