Shares of Colgate-Palmolive Company (CL) Sees Large Inflow of Net Money Flow

Colgate-Palmolive Company (CL) : Tuesdays money flow data in Colgate-Palmolive Company (CL) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $73.54 million, whereas, $41.66 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.77, in favor of the bulls. The total money flow into the stock was $31.88 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $27.57 million. The total value of block trades done on upticks was $32.67 million. The value of bearish trades on downticks was only $5.1 million.The up/down ratio in the block trades was a healthy 6.41 in favor of the bulls, suggesting strong buying in the stock by large traders. Colgate-Palmolive Company (CL) fell $0.54 and traded at $73.95, down -0.72% for the day, over previous days close. On a weekly basis, the shares are -0.4% over the previous weeks close.


The company Insiders own 1.05% of Colgate-Palmolive Company shares according to the proxy statements. Institutional Investors own 75.09% of Colgate-Palmolive Company shares. During last six month period, the net percent change held by insiders has seen a change of -7.63%. In an insider trading activity,The officer (Chief Technology Officer) of Colgate Palmolive Co, Verduin Patricia sold 3,666 shares at $72.19 on June 15, 2016. The Insider selling transaction had a total value worth of $264,649. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of Colgate-Palmolive Co. rose by 0.91% in the last five trading days and 2.54% for the last 4 weeks. Colgate-Palmolive Co. is up 4.39% in the last 3-month period. Year-to-Date the stock performance stands at 12.29%.

Colgate-Palmolive Company (NYSE:CL): On Tuesdays trading session , Opening price of the stock was $74.26 with an intraday high of $74.4. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $73.72. However, the stock managed to close at $73.95, a loss of 0.72% for the day. On the previous day, the stock had closed at $74.49. The total traded volume of the day was 3,909,961 shares.

Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in more than 200 countries and territories throughout the world. The Company operates in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through five geographic segments: North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia. The Companys oral care products include Colgate Total; Colgate Sensitive Pro-Relief; Colgate Max Fresh; Colgate Optic White and Colgate Luminous White toothpastes, among others. The Company sells its personal care products under the Palmolive, Protex and Softsoap brands. The Company, through its Hills Pet Nutrition segment (Hills), manufactures pet nutrition products for dogs and cats.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.