Large Inflow of Money Detected in Monsanto Company

Monsanto Company (MON) : On Wednesday, The money flowed into the Monsanto Company (MON) stock with an uptick to downtick ratio was recorded at 1.52. Transactions worth $8.83 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $5.79 million. The total money flow into the stock was $3.03 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $3.48 million of block transactions on upticks. The total money flow in block trades was $3.48 million. In terms of price action, Monsanto Company (MON) traded down $0.08 during the session at $106.79. Compared to the previous days closing, the stock was down only by -0.07%. For the week, the stock is 3.23%, over previous weeks closing.


Also, Equity Analysts at the Citigroup maintains the rating on Monsanto Company (NYSE:MON). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $94 per share to $112 per share. The rating by the firm was issued on July 1, 2016.

Monsanto Company (NYSE:MON): The stock opened at $106.94 on Wednesday but the bulls could not build on the opening and the stock topped out at $107.64 for the day. The stock traded down to $106.70 during the day, due to lack of any buying support eventually closed down at $106.76 with a loss of -0.10% for the day. The stock had closed at $106.87 on the previous day. The total traded volume was 2,711,013 shares.

The stock has recorded a 20-day Moving Average of 3.56% and the 50-Day Moving Average is 2.82%. In a related news, The officer (VP, CEO – Climate), of Monsanto Co /New/, Stern Michael K had unloaded 12,797 shares at $101.77 per share in a transaction on July 13, 2016. The total value of transaction was $1,302,351. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Monsanto Company (Monsanto) is a provider of agricultural products for farmers. The Companys seeds, biotechnology trait products, and herbicides provide farmers with solutions that improve productivity, reduce the costs of farming, and produce better foods for consumers and better feed for animals. It manages business in two segments: Seeds and Genomics, and Agricultural Productivity. Through its Seeds and Genomics segment, it produces seed brands, including DEKALB, Asgrow, Deltapine, Seminis and De Ruiter, and it develops biotechnology traits that assist farmers in controlling insects and weeds. Through its Agricultural Productivity segment, it manufactures Roundup brand herbicides and other herbicides and provides lawn-and-garden herbicide products for the residential market.

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