Large Outflow of Money Witnessed in Sherwin-Williams Company (The)

Sherwin-Williams Company (The) (SHW) : Fridays money flow analysis of Sherwin-Williams Company (The) (SHW) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $51.55 million. In comparison, the inflow of money on upticks was a meager $48.63 million. The dollar value of composite uptick trades minus the downtick trades was negative $2.92 million. The uptick to downtick ratio of 0.94 in the money flow shows weakness. The uptick block trades were valued at $6.32 million. The downtick transaction value was high at $0 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($6.32 million). Sherwin-Williams Company (The) (SHW) gained $2.65 at $293.28, a change of 0.91% over the previous days close.

Sherwin-Williams

Sherwin-Williams Company (The) (SHW) : Average target price received by Sherwin-Williams Company (The) (SHW) is $330.64 with an expected standard deviation of $18.26. The most aggressive target on the stock is $370, whereas the most downbeat target is $305. 11 financial analysts are currently covering the stock.

Sherwin-Williams Company (The) (NYSE:SHW): stock turned positive on Friday. Though the stock opened at $291.54, the bulls momentum made the stock top out at $295.38 level for the day. The stock recorded a low of $291.54 and closed the trading day at $293.58, in the green by 1.02%. The total traded volume for the day was 1,168,173. The stock had closed at $290.63 in the previous days trading.

In a related news,The officer (President, Global Finishes Grp) of Sherwin Williams Co, Sewell David B sold 4,598 shares at $297.39 on May 16, 2016. The Insider selling transaction had a total value worth of $1,367,399. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

The Sherwin-Williams Company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Companys segments include Paint Stores Group, Consumer Group, Global Finishes Group and Latin America Coatings Group. The Paint Stores Group markets and sells architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items. The Consumer Group develops, manufactures and distributes a range of paint, coatings and related products to third party customers. The Global Finishes Group develops, licenses, manufactures, distributes and sells a range of protective and marine products, automotive finishes and refinished products, and OEM product finishes, among others. The Latin America Coatings Group develops, licenses, manufactures, distributes and sells a range of architectural paint and coatings, protective and marine products, and OEM product finishes, among others.

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