Large Outflow of Money Witnessed in Ball Corporation

Ball Corporation (BLL) : The total money flow in Ball Corporation (BLL) was negative ($0.71 million), showing the domination of sellers in the Friday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $0.86 million. Transactions on upticks were comparatively lower at $0.14 million. The uptick to downtick ratio was 0.17. The total block trades on downticks were valued at $0.79 million. The money flow during block trades was negative ($0.79 million) when the stock traded with a gain of $8 cent. Ball Corporation (BLL) was $71.01, an increase of 0.11% over the previous days close.


Ball Corporation (BLL) : 5 investment research analysts covering Ball Corporation (BLL) have an average price target of $81.2 for the near short term. The highest target price given by the Brokerage Firm to the stock is $86 and the lowest target is $75 for the short term. Analysts expect the variance to be within $4.49 of the average price.

Ball Corporation (NYSE:BLL): On Fridays trading session , Opening price of the stock was $70.85 with an intraday high of $71.07. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $70.6. However, the stock managed to close at $70.76, a loss of 0.24% for the day. On the previous day, the stock had closed at $70.93. The total traded volume of the day was 1,050,269 shares.

In a related news, The officer (SVP & COO Global MF & HHP Pkg), of Ball Corp, Peterson James N had unloaded 2,000 shares at $72.55 per share in a transaction on May 12, 2016. The total value of transaction was $145,100. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Ball Corporation (Ball) is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company operates in four segments. The metal beverage packaging, Americas and Asia segment consists of operations in the United States, Canada, Brazil and the PRC, which manufacture aluminum containers used in beverage packaging. . The metal beverage packaging, Europe segment consists of operations in Europe, which manufacture and sell metal beverage containers. The metal food and household products packaging segment consists of operations in the United States, Europe, Canada, Mexico and Argentina that manufacture and sell metal food, aerosol, paint, general line and extruded aluminum containers, decorative specialty containers and aluminum slugs. The aerospace and technologies segment consists of the manufacture and sale of aerospace and other related products and services provided for the defense, civil space and commercial space industries.

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