Shares of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Sees Large Inflow of Net Money Flow

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) dropped slightly amid mild profit booking and the last known price was $74.26 per share. The price decreased by -0.87 points or -1.16% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $14.14 million. The total upticks were valued at $20.77 million and the total downticks aggregated to $6.62 million, thereby putting the up/down ratio at 3.14,. The shares have seen a change in the share price of -3.05% on a weekly basis.In a big block trade which occurred today, the total uptick value was $14.34 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $14.34 million.

Westinghouse

Currently the company Insiders own 5.74% of Westinghouse Air Brake Technologies Corporation shares according to the proxy statements. Institutional Investors own 97.07% of Westinghouse Air Brake Technologies Corporation shares. On the companys insider trading activities, Vande Steeg Nickolas, director of Westinghouse Air Brake Technologies Corp had purchased 6,470 shares on November 10, 2015 in a transaction. The price per share was $77.38 and the total amount of the disclosed transaction was $500,649.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.87 points or 1.16% at $74.26 with 604,900 shares getting traded. Post opening the session at $74.78, the shares hit an intraday low of $74.09 and an intraday high of $75.425 and the price was in this range throughout the day. The company has a market cap of $6,691 million and the number of outstanding shares have been calculated to be 90,105,530 shares. The 52-week high of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) is $103.07 and the 52-week low is $60.28.

Westinghouse Air Brake Technologies Corporation (Wabtec) is a provider of technology-based products and services to freight rail and passenger transit industries. The Companys products are used in locomotives, freight cars subway cars and buses, and other vehicles in United States and other countries across the world. The Company operates through two business segments: the Freight Segment and the Transit Segment. The Freight Segment manufactures and services components for new and existing locomotive and freight cars, supplies railway electronics, positive train control equipment, signal design and engineering services, builds switcher locomotives, rebuilds freight locomotives and provides heat exchangers and cooling systems for rail and other industrial markets. The Transit Segment manufactures and services components for new and existing passenger transit vehicles, such as subway cars and buses, builds new commuter locomotives and refurbishes subway cars.

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