Large Outflow of Money Witnessed in Masco Corporation

Masco Corporation (MAS) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($11.89 million) and the uptick to downtick ratio was 0.69. The transaction value on upticks was $26.96 million and on downticks, the transaction value was $38.85 million. The transaction value of block trades during downticks was $6.69 million. The money flow was negative ($6.69 million), indicating the traders were booking profit on the price strength. Masco Corporation (MAS) rose $0.44 at $33.79, during intraday Friday , a rise of 1.32% over the previous days close.


Masco Corporation (MAS) : The highest short term price target forecast on Masco Corporation (MAS) is $37 and the lowest target price is $28. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $33.3 with a standard deviation of $2.91.

Masco Corporation (NYSE:MAS): stock turned positive on Friday. Though the stock opened at $33.35, the bulls momentum made the stock top out at $34.035 level for the day. The stock recorded a low of $33.1 and closed the trading day at $33.79, in the green by 1.32%. The total traded volume for the day was 7,716,760. The stock had closed at $33.35 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that OReagan Richard A., officer (Group President) of Masco Corp /De/, had unloaded 6,000 shares at an average price of $31.36 in a transaction dated on June 23, 2016. The total value of the transaction was worth $188,160.

Masco Corporation manufactures, distributes and installs home improvement and building products. The Companys segments include Cabinets and Related Products, Plumbing Products, Installation and Other Services, Decorative Architectural Products and Other Specialty Products. Its Cabinets and Related Products includes assembled kitchen and bath cabinets, and home office workstations, entertainment centers, storage products; bookcases, and kitchen utility products. Its Plumbing Products include faucets, plumbing fittings and valves, showerheads and hand showers, bathtubs and shower enclosures, toilets and spas. The Installation and Other Services includes the sale, installation and distribution of insulation and other building products. Its Decorative Architectural Products include paints and stains, and cabinet, door, window and other hardware. Its Other Specialty Products include windows, window frame components and patio doors, staple gun tackers, staples and other fastening tools.

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