Large Outflow of Money Witnessed in Newell Rubbermaid

Newell Rubbermaid (NWL) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (18.96 million) in Newell Rubbermaid (NWL). On Tuesday, The value of composite uptick trades was $41.44 million, whereas, the value of composite downtick trades was $60.4 million and the ratio between the two was 0.69, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $29.3 million. $7.95 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.27. The negative money flow of ($21.35 million) shows selling on strength. Newell Rubbermaid (NWL) gained $0.7 intraday at $49.29 and registrered 1.44% for the week.


The company Insiders own 0.66% of Newell Rubbermaid shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -23.39% . During last six month period, the net percent change held by insiders has seen a change of -20.28%. In an insider trading activity, The director, of Newell Brands Inc, Ashken Ian G H had unloaded 346,781 shares at $48.51 per share in a transaction on June 23, 2016. The total value of transaction was $16,822,346. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Shares of Newell Brands Inc. rose by 2.64% in the last five trading days and 2.79% for the last 4 weeks. Newell Brands Inc. is up 12.96% in the last 3-month period. Year-to-Date the stock performance stands at 12.83%.

Newell Rubbermaid (NYSE:NWL): stock turned positive on Tuesday. Though the stock opened at $49.09, the bulls momentum made the stock top out at $49.42 level for the day. The stock recorded a low of $48.88 and closed the trading day at $49.29, in the green by 1.44%. The total traded volume for the day was 10,751,403. The stock had closed at $48.59 in the previous days trading.

Newell Rubbermaid Inc. is a marketer of consumer and commercial products. The Company operates in five segments: Writing, which designs, manufactures or sources, and distributes writing instruments and labeling solutions, primarily for use in business and the home; Home Solutions, which designs, manufactures or sources, and distributes a range of consumer products under various brand names; Tools, which designs, manufactures or sources, and distributes hand tools and power tool accessories, industrial bandsaw blades, tools and industrial-labeling solutions; Commercial Products, which designs, manufactures or sources, and distributes cleaning and refuse products, hygiene systems, material handling solutions, and medical and computer carts, and Baby & Parenting, which designs and distributes infant and juvenile products. Its products are marketed under a portfolio of various brands, including Sharpie, Paper Mate, Parker, Calphalon, Irwin, Lenox, Elmers, Graco, Aprica and Baby Jogger.

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