Shares of Tyco International plc (NYSE:TYC) Sees Large Outflow of Money

Tyco International plc (NYSE:TYC) : The value of composite uptick trades was $0.77 million, whereas, the value of composite downtick trades was $1.39 million. The uptick to downtick ratio stood at 0.56 with a negative money flow of ($0.62) Million during Wednesdays trading session. The block trades money flow was negative ($0.65 million). The transaction of the trades on downticks amounted to $0.65 million, which confirms investors selling on the strength of price. Tyco International plc (NYSE:TYC) gained 67 cents at $41.61, an increase of 1.64% over the previous days close.


In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Tyco International Plc, Breen Edward D had sold 206,770 shares worth of $7,710,453 in a transaction dated May 5, 2016. In this transaction, 206,770 shares were sold at $37.29 per share. Currently the company Insiders own 1.5% of Tyco International plc shares according to the proxy statements. Institutional Investors own 87.94% of Tyco International plc shares.

The company shares have rallied 5.41% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $43.98 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $41.99 and the 200 Day Moving Average price is recorded at $36.55. Tyco International plc (NYSE:TYC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $41.60 and $41.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $41.70, notching a gain of 1.86% for the day. The total traded volume was 3,354,960 . The stock had closed at $40.94 on the previous day.

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