Perrigo Company (NYSE:PRGO) : The total money flow in Perrigo Company (NYSE:PRGO) was negative ($11.52 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $57.44 million. In comparison, the inflow of money into the stock on upticks was $45.92 million. The uptick to downtick ratio was 0.8. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $5.78 million. The negative money flow of ($5.78 million) confirms the selling in Perrigo Company (NYSE:PRGO) on strength. Perrigo Company (NYSE:PRGO) gained $4.28 at $91.55, a gain of 4.9% over the previous days close. However, the stock registered 0.59% in the week.
In an insider trading activity,The officer (Executive VP & CFO) of Perrigo Co Plc, Brown Judy L sold 2,776 shares at $126.22 on April 13, 2016. The Insider selling transaction had a total value worth of $350,387. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 4.47% of Perrigo Company shares according to the proxy statements. Institutional Investors own 76.17% of Perrigo Company shares. During last six month period, the net percent change held by insiders has seen a change of -20.21%.
The company shares have dropped -52.84% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $198.42 and the one year low was seen on May 13, 2016. The 50-Day Moving Average price is $95.33 and the 200 Day Moving Average price is recorded at $122.76. Perrigo Company (NYSE:PRGO): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $88.19 and $88.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $92.62. The buying momentum continued till the end and the stock did not give up its gains. It closed at $91.55, notching a gain of 4.90% for the day. The total traded volume was 2,918,454 . The stock had closed at $87.27 on the previous day.