Large Outflow of Money Witnessed in Sensient Technologies Corporation

Sensient Technologies Corporation (SXT) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($2.79 million) and the uptick to downtick ratio was 0.83. The transaction value on upticks was $13.53 million and on downticks, the transaction value was $16.31 million. The transaction value of block trades during downticks was $0 million. The money flow was negative ($0 million), indicating the traders were booking profit on the price strength. Sensient Technologies Corporation (SXT) rose $4.59 at $74.99, during intraday Friday , a rise of 6.52% over the previous days close.


Sensient Technologies Corporation (SXT) : The highest short term price target forecast on Sensient Technologies Corporation (SXT) is $80 and the lowest target price is $71. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $75.33 with a standard deviation of $4.51.

Sensient Technologies Corporation (NYSE:SXT): stock turned positive on Friday. Though the stock opened at $71.7, the bulls momentum made the stock top out at $75.8916 level for the day. The stock recorded a low of $71.05 and closed the trading day at $75.59, in the green by 7.37%. The total traded volume for the day was 954,131. The stock had closed at $70.4 in the previous days trading.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior VP & CFO) of Sensient Technologies Corp, Rolfs Stephen J had sold 915 shares worth of $62,064 in a transaction dated April 27, 2016. In this transaction, 915 shares were sold at $67.83 per share.

Sensient Technologies Corporation is a manufacturer and marketer of colors, flavors and fragrances. The Company uses technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, specialty inks and colors, and other specialty and fine chemicals. The Companys customers include international manufacturers. Its products include flavors, flavor enhancers and bionutrients; fragrances and aroma chemicals; natural ingredients, including dehydrated vegetables and other food ingredients; natural and synthetic food and beverage colors; cosmetic and pharmaceutical colors and ingredients, and technical colors, specialty inks and colors, and specialty dyes and pigments. The Company operates under the following segments: Flavors & Fragrances Group and the Color Group.

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