Large Inflow of Money Detected in Kimberly-Clark Corporation

Kimberly-Clark Corporation (KMB) : Wednesdays money flow data in Kimberly-Clark Corporation (KMB) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $17.13 million, whereas, $16.05 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.07, in favor of the bulls. The total money flow into the stock was $1.08 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $2.05 million. The total value of block trades done on upticks was $2.05 million. Kimberly-Clark Corporation (KMB) fell $0.54 and traded at $134.62, down -0.4% for the day, over previous days close. On a weekly basis, the shares are -1.14% over the previous weeks close.


Also, In the latest statement by the brokerage house, Deutsche Bank downgrades its outlook on Kimberly-Clark Corporation (NYSE:KMB). The current rating of the shares is Hold, according to the research report released by the firm. Previously, the company had a rating of Buy. The rating by the firm was issued on April 25, 2016.

Kimberly-Clark Corporation (NYSE:KMB): The stock opened at $135.27 on Wednesday but the bulls could not build on the opening and the stock topped out at $135.73 for the day. The stock traded down to $133.67 during the day, due to lack of any buying support eventually closed down at $133.68 with a loss of -1.10% for the day. The stock had closed at $135.16 on the previous day. The total traded volume was 2,081,179 shares.

The stock has recorded a 20-day Moving Average of 0.92% and the 50-Day Moving Average is 1.98%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP Chief Supply Chain Officer) of Kimberly Clark Corp, Macquillan Sandra had sold 5,080 shares worth of $659,130 in a transaction dated May 12, 2016. In this transaction, 5,080 shares were sold at $129.75 per share.

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. The Companys operating segments are based on product groupings. The Company operates in three segments, which include Personal Care, which offers solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products; Consumer Tissue, offers products, such as facial and bathroom tissue, paper towels, napkins and related products, and K-C Professional (KCP), offers solutions and supporting products, such as apparel, wipers, soaps, sanitizers, tissue and towels. The Companys brands include Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, WypAll, Kimtech, and Jackson Safety, among others.

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