Large Outflow of Money Witnessed in Chicago Bridge & Iron Company N.V.

Chicago Bridge & Iron Company N.V. (CBI) : The value of composite uptick trades was $6.58 million, whereas, the value of composite downtick trades was $14.45 million. The uptick to downtick ratio stood at 0.46 with a negative money flow of ($7.88) Million during Tuesdays trading session. The block trades money flow was negative ($6.58 million).The uptick to the downtick ratio of 0.05 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $0.37 million. The transaction of the trades on downticks amounted to $6.95 million, which confirms investors selling on the strength of price. Chicago Bridge & Iron Company N.V. (CBI) gained 49 cents at $36.83, an increase of 1.35% over the previous days close.


The company Insiders own 1.4% of Chicago Bridge & Iron Company N.V. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.51% . Institutional Investors own 66.3% of Chicago Bridge & Iron Company N.V. shares. During last six month period, the net percent change held by insiders has seen a change of -7.65%. In an insider trading activity, The officer (Executive Vice President), of Chicago Bridge & Iron Co N V, Mullen Patrick K had unloaded 11,985 shares at $36.65 per share in a transaction on June 23, 2016. The total value of transaction was $439,250. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Shares of Chicago Bridge & Iron Company N.V. rose by 8.8% in the last five trading days and 2.6% for the last 4 weeks. Chicago Bridge & Iron Company N.V. is up 8.45% in the last 3-month period. Year-to-Date the stock performance stands at -2.27%.

Chicago Bridge & Iron Company N.V. (NYSE:CBI): stock turned positive on Tuesday. Though the stock opened at $37.29, the bulls momentum made the stock top out at $38 level for the day. The stock recorded a low of $37.27 and closed the trading day at $37.96, in the green by 3.07%. The total traded volume for the day was 1,308,571. The stock had closed at $36.83 in the previous days trading.

Chicago Bridge and Iron Company N.V. (CBandI) provides a range of services to customers in the energy infrastructure market across the world. The Company also provides various Government services. CBandI operates through four segments: Engineering, Construction and Maintenance, which provides engineering, procurement and construction (EPC) services for energy infrastructure facilities, as well as integrated maintenance services; Fabrication Services, which provides fabrication of piping systems, process and nuclear modules; fabrication and erection of steel plate structures, and manufacturing and distribution of pipe and fittings for various industries, such as oil and gas, mining, mineral processing and power generation; Technology, which provides licensed process technologies, catalysts and engineered products, and offers process planning and project development services, and Environmental Solutions, which provides environmental services for Government and private sector customers.

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