Large Inflow of Money Detected in CF Industries Holdings

CF Industries Holdings (CF) : $2.1 million worth of transactions were on upticks in CF Industries Holdings (CF), compared to $0.5 million on downticks. The ratio between the two was 4.22, whereas, the net money flow stood at a healthy $1.6 million on Wednesdays session. The consistent buying on upticks in the stock accounted for $1.29million worth of trades. The total money flow into the stock stood at $1.29 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.3%. The stock was trading at $26.47, with a drop of $0.08 over the previous days close. The stock recorded -3.53% for the week.


Also, Citigroup maintains their rating on the shares of CF Industries Holdings (NYSE:CF). The current rating of the shares is Neutral. Equity Analysts at the Firm lowers the price target to $25 per share from $34 per share. The rating by the firm was issued on July 7, 2016.

CF Industries Holdings (NYSE:CF): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.59 and $26.19 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.61, notching a gain of 0.23% for the day. The total traded volume was 4,148,966 . The stock had closed at $26.55 on the previous day.

The stock has recorded a 20-day Moving Average of 4.27% and the 50-Day Moving Average is 3.31%. In a related news, Arzbaecher Robert C, director of Cf Industries Holdings, Inc., had purchased 17,275 shares on May 24, 2016. The total value of the transaction was $483,700. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

CF Industries Holdings, Inc. is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Companys nitrogen fertilizer products include ammonia, granular urea and urea ammonium nitrate solution (UAN). The Companys other nitrogen products include ammonium nitrate (AN), diesel exhaust fluid (DEF), urea liquor and aqua ammonia. The Companys customers include cooperatives, independent fertilizer distributors and industrial users. It operates seven nitrogen fertilizer production facilities in North America. The Company owns four production facilities in the Central United States, one in Medicine Hat, Alberta, Canada and one in Courtright, Ontario, Canada. It also has a 75.3% interest in Terra Nitrogen Company, L.P. (TNCLP) and its subsidiary, TNLP, which owns a nitrogen fertilizer facility in Verdigris, Oklahoma.

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