Shares of ProLogis (NYSE:PLD) Sees Large Outflow of Money

Shares of ProLogis (NYSE:PLD) advanced to $49.97. The price had gained 0.16% or 0.08 points intraday. The latest trading session witnessed $29.42 million in upticks and $41.67 million in downticks, resulting in net money flow of (-12.24) million. The up/down ratio for the day stood at 0.71. On a weekly scale, the price has seen a change of 0.22%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-11.73) million occurred during the day. $11.84 million in uptick and $23.58 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.5.


The stock has recorded a 20-day Moving Average of 3.22% and the 50-Day Moving Average is 7.01%. The company shares have rallied 28.58% in the past 52 Weeks. On June 20, 2016 The shares registered one year high of $50.74 and one year low was seen on February 11, 2016 at $35.25. The 50-day moving average is $47.89 and the 200 day moving average is recorded at $43.15. S&P 500 has rallied 1.93% during the last 52-weeks.

ProLogis (NYSE:PLD): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $49.69 and $49.69 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $50.46. The buying momentum continued till the end and the stock did not give up its gains. It closed at $49.97, notching a gain of 0.16% for the day. The total traded volume was 3,749,903 . The stock had closed at $49.89 on the previous day.

Currently the company Insiders own 1.29% of ProLogis shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -22.2% . Institutional Investors own 99.27% of ProLogis shares. During last six month period, the net percent change held by insiders has seen a change of -22.2%. On the companys insider trading activities,The director of Prologis, Inc., Losh J Michael sold 14,380 shares at $46.97 on May 12, 2016. The Insider selling transaction had a total value worth of $675,429. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Prologis, Inc. is engaged in industrial logistics real estate, focused on markets across the Americas, Europe and Asia. The Company leases modern distribution facilities to more than 4,700 customers, including third-party logistics providers, transportation companies, retailers and manufacturers. The Companys business consists of two operating segments: Real Estate Operations and Strategic Capital. The Companys customer base represents a spectrum of international, national, regional and local distribution users. As of December 31, 2014, the Company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 590 million square feet (55 million square meters) in 21 countries.

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