Large Outflow of Money Witnessed in Tyco International plc

Tyco International plc (TYC) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (1.15 million) in Tyco International plc (TYC). On Friday, The value of composite uptick trades was $6.85 million, whereas, the value of composite downtick trades was $8 million and the ratio between the two was 0.86, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $0.85 million. The negative money flow of ($0.85 million) shows selling on strength. Tyco International plc (TYC) gained $0.28 intraday at $44.88 and registrered 0.63% for the week.


Tyco International plc (TYC) : The highest short term price target forecast on Tyco International plc (TYC) is $52 and the lowest target price is $27. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $43.5 with a standard deviation of $9.15.

Tyco International plc (NYSE:TYC): stock turned positive on Friday. Though the stock opened at $44.52, the bulls momentum made the stock top out at $45.8 level for the day. The stock recorded a low of $44.34 and closed the trading day at $45.76, in the green by 2.60%. The total traded volume for the day was 5,393,944. The stock had closed at $44.6 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 director of Tyco International Plc, Breen Edward D had sold 206,770 shares worth of $7,710,453 in a transaction dated May 5, 2016. In this transaction, 206,770 shares were sold at $37.29 per share.

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