Large Outflow of Money Witnessed in United Rentals

United Rentals (URI) : Net money flow in United Rentals (URI) was negative ($4.57 million) and the inflow of money on uptick was $48.79 million, whereas, the outflow of money on downticks amounted to $53.36 million on Friday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.91. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $2.59 million. On the other hand, the total value of block trades done on downticks was $0 million. The money flow in block trades was negative ($2.59). United Rentals (URI) gained $1.96 cent during the day and reached $78.21, a gain of 2.57% over the previous day.


United Rentals (URI) : Average target price received by United Rentals (URI) is $68.67 with an expected standard deviation of $12.87. The most aggressive target on the stock is $81, whereas the most downbeat target is $50. 9 financial analysts are currently covering the stock.

United Rentals (NYSE:URI): stock turned positive on Friday. Though the stock opened at $76.89, the bulls momentum made the stock top out at $78.58 level for the day. The stock recorded a low of $75.51 and closed the trading day at $78.22, in the green by 2.58%. The total traded volume for the day was 3,599,976. The stock had closed at $76.25 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that Flannery Matthew John, officer (Exec. VP & COO) of United Rentals Inc /De, had unloaded 15,046 shares at an average price of $78.12 in a transaction dated on July 22, 2016. The total value of the transaction was worth $1,175,394.

United Rentals, Inc. (United Rentals) is a holding company engaged in the business of equipment rental. The Company conducts its operations through its wholly owned subsidiary, United Rentals (North America), Inc. (URNA), and its subsidiaries. It operates in two segments: general rentals and trench safety, power and heating, ventilating and air conditioning (HVAC), and pump solutions. The general rentals segment consists of around 12 geographic regions, including eastern Canada, Gulf South, Mid-Atlantic, Mid-Central, Midwest, Mountain West, Northeast, Pacific West, South, Southeast and Western Canada, among others. The trench safety, power and HVAC, and pump solutions segment includes the rental of specialty construction products and related services. It offers approximately 3,300 classes of equipment on an hourly, daily, weekly or monthly basis to construction and industrial companies, manufacturers, utilities, municipalities, homeowners, Government entities and other customers.

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