Large Outflow of Money Witnessed in Brunswick Corporation

Brunswick Corporation (BC) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($2.37 million) and the uptick to downtick ratio was 0.55. The transaction value on upticks was $2.95 million and on downticks, the transaction value was $5.32 million. The transaction value of block trades during downticks was $2.45 million. The money flow was negative ($2.45 million), indicating the traders were booking profit on the price strength. Brunswick Corporation (BC) rose $0.41 at $49.47, during intraday Friday , a rise of 0.84% over the previous days close.


Brunswick Corporation (BC) : The consensus price target for Brunswick Corporation (BC) is $59.92 for the short term with a standard deviation of $5.71. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $70, however, the pessimist price target for the company is $47.

Brunswick Corporation (NYSE:BC): stock turned positive on Friday. Though the stock opened at $49.23, the bulls momentum made the stock top out at $49.55 level for the day. The stock recorded a low of $48.86 and closed the trading day at $49.15, in the green by 0.18%. The total traded volume for the day was 700,010. The stock had closed at $49.06 in the previous days trading.

In a related news, Metzger William, officer (SR. VICE PRESIDENT AND CFO) of Brunswick Corp, unloaded 19,051 shares at an average price of $49.52 on July 15, 2016. The total amount of the transaction was worth $943,406, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Brunswick Corporation (Brunswick) is a designer, manufacturer and marketer of recreation products, including marine engines, boats, fitness and billiards equipment. The Company operates in three segments: Marine Engine, Boat and Fitness. Brunswicks engine-related products include outboard, sterndrive and inboard engines; trolling motors; propellers; engine control systems, and marine parts and accessories. Its boat offerings include fiberglass pleasure boats; luxury yachts, yachts and sport yachts; offshore fishing boats; aluminum fishing boats; pontoon boats; deck boats, and inflatable boats. Its Fitness segment consists of Life Fitness division (Life Fitness), which designs, manufactures and markets a line of cardiovascular fitness equipment, including treadmills, total body cross-trainers, stair climbers and stationary exercise bicycles, and strength-training equipment under the Life Fitness, Cybex and Hammer Strength brands.

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