Large Inflow of Money Detected in E.I. du Pont de Nemours and Company

E.I. du Pont de Nemours and Company (DD) stock had a bullish inflow of $5.33 million worth of trades on uptick and an outflow of $3.05 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.75. The net money flow into the stock was $2.28 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $2.42 million. $2.42 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, E.I. du Pont de Nemours and Company (DD) stock traded down $0.01 , and reached $67.48, a drop of -0.01% over the previous day. On a weekly basis, the stock is 0.48%, over the previous weeks close.


Also, Major Brokerage house, JP Morgan downgrades its ratings on E.I. du Pont de Nemours and Company (NYSE:DD). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on June 28, 2016.

E.I. du Pont de Nemours and Company (NYSE:DD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $67.54 and $67.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $67.98. The buying momentum continued till the end and the stock did not give up its gains. It closed at $67.68, notching a gain of 0.28% for the day. The total traded volume was 1,625,012 . The stock had closed at $67.49 on the previous day.

The stock has recorded a 20-day Moving Average of 3.56% and the 50-Day Moving Average is 2.63%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive Vice President) of Dupont E I De Nemours & Co, Doyle Christopher Marc had sold 1,325 shares worth of $83,475 in a transaction dated March 8, 2016. In this transaction, 1,325 shares were sold at $63 per share.

E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Companys subsidiaries and affiliates conduct manufacturing, seed production or selling activities and distribute products manufactured by the Company. The Companys segments include Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. The Companys other business operations include various embryonic businesses, such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields, including biology, chemistry, engineering and materials science. The Companys brands include Pioneer, DuPont Teflon, Capstone, Opteon yf, Isceon, Suva, Vazo, Vertrel, Virkon, Viton, Zyron and Bynel coextrudable adhesive resins, Elvax EVA resins, DuPont Kevlar, Nomex and Tyvek.

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