Clorox Company (The) (CLX) : On Wednesday, The money flowed into the Clorox Company (The) (CLX) stock with an uptick to downtick ratio was recorded at 1.66. Transactions worth $23.19 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $13.99 million. The total money flow into the stock was $9.19 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $8.61 million of block transactions on upticks. The total money flow in block trades was $8.61 million. In terms of price action, Clorox Company (The) (CLX) traded down $1 during the session at $135.35. Compared to the previous days closing, the stock was down only by -0.73%. For the week, the stock is -0.9%, over previous weeks closing.
Also, Atlantic Equities initiates coverage on Clorox Company (The) (NYSE:CLX). Atlantic Equities has a Neutral rating on the shares. The rating by the firm was issued on June 14, 2016.
Clorox Company (The) (NYSE:CLX): The stock opened at $136.53 on Wednesday but the bulls could not build on the opening and the stock topped out at $136.90 for the day. The stock traded down to $135.29 during the day, due to lack of any buying support eventually closed down at $135.35 with a loss of -0.73% for the day. The stock had closed at $136.35 on the previous day. The total traded volume was 546,244 shares.
The stock has recorded a 20-day Moving Average of 0.86% and the 50-Day Moving Average is 1.74%. In a related news, The Securities and Exchange Commission has divulged that Vlahos Nikolaos A, officer (EVP-COO – Household) of Clorox Co /De/, had unloaded 2,151 shares at an average price of $132.25 in a transaction dated on May 10, 2016. The total value of the transaction was worth $284,470.
The Clorox Company (Clorox) is a United States-based manufacturer and marketer of consumer and professional products. The Company sells its products through mass retail outlets, e-commerce channels, distributors, and medical supply providers. The Company operates through strategic business units that are aggregated into four reportable segments: Cleaning, which consists of laundry, home care and professional products marketed and sold in the United States; Household, which consists of charcoal, cat litter and plastic bags, wraps and container products; Lifestyle, which includes food products, water-filtration systems and filters and natural personal care products, and International, which consists of products sold outside the United States, such as laundry, home care, water-filtration, charcoal and cat litter products, dressings and sauces, plastic bags, wraps and containers and natural personal care products.