Large Inflow of Money Detected in Lennox International

Lennox International (LII) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $5.75 million worth of transactions were on upticks, whereas, the downticks accounted for $4.77 million worth of transactions. The net money flow was a positive $0.99 million and the uptick to downtick ratio was 1.21. The net money flow into the stock was $0.1 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.1 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Lennox International (LII) was trading at $150.47, down $0.5 during day. The stock slid -0.33% over the previous days close. For the week, the stock recorded 1.67% over the previous weeks close.


Also, Equity analysts at the Brokerage firm Morgan Stanley maintains its rating on Lennox International (NYSE:LII). The rating major has initiated the coverage with equal-weight rating on the shares. The Analysts at Morgan Stanley raises the price target from $139 per share to $147 per share. The rating by the firm was issued on April 19, 2016.

Lennox International (NYSE:LII): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $151.39 and $150.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $151.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $151.00, notching a gain of 0.03% for the day. The total traded volume was 374,013 . The stock had closed at $150.96 on the previous day.

The stock has recorded a 20-day Moving Average of 5.06% and the 50-Day Moving Average is 8.39%. In a related news, Young Douglas L, officer (EVP, President & COO RHC) of Lennox International Inc, unloaded 4,407 shares at an average price of $137 on June 20, 2016. The total amount of the transaction was worth $603,759, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Lennox International Inc. (LII) is a provider of climate control solutions. The Company designs, manufactures and market a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. The Company operates in three segments. The Residential Heating & Cooling segments products and services include furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air equipment, comfort control products and replacement parts. The Commercial Heating & Cooling segments products and services include unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment. The Refrigeration segments products and services include condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems.

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