Colgate-Palmolive Company (CL): The stock had negative money flow to the tune of ($22.73 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $37.19 million, whereas, the outflow of money on downticks was $59.92 million and the ratio between the two was 0.62. The block trade had a negative net money flow of ($20.1 million). The total block trade value undertaken on upticks was $11.05 million. On the other hand, downticks amounted to $31.15 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.35. Colgate-Palmolive Company (CL) closed with marginal gains of 74 cents to end the day at $74.61, an increase of 1% over the previous days close. The stock recorded -0.15% for the week.
Colgate-Palmolive Company (CL) : The most positive equity analysts on Colgate-Palmolive Company (CL) expects the shares to touch $82, whereas, the least positive believes that the stock will trade at $70 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $74.22 with an expected fluctuation of $4.12 from the mean.
Colgate-Palmolive Company (NYSE:CL): stock turned positive on Friday. Though the stock opened at $74.12, the bulls momentum made the stock top out at $74.62 level for the day. The stock recorded a low of $73.945 and closed the trading day at $74.61, in the green by 1.00%. The total traded volume for the day was 3,407,185. The stock had closed at $73.87 in the previous days trading.
In a related news, Verduin Patricia, officer (Chief Technology Officer) of Colgate Palmolive Co, unloaded 3,666 shares at an average price of $74.98 on July 15, 2016. The total amount of the transaction was worth $274,877, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in more than 200 countries and territories throughout the world. The Company operates in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through five geographic segments: North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia. The Companys oral care products include Colgate Total; Colgate Sensitive Pro-Relief; Colgate Max Fresh; Colgate Optic White and Colgate Luminous White toothpastes, among others. The Company sells its personal care products under the Palmolive, Protex and Softsoap brands. The Company, through its Hills Pet Nutrition segment (Hills), manufactures pet nutrition products for dogs and cats.