Shares of Danaher Corporation (DHR) Sees Large Inflow of Net Money Flow

Danaher Corporation (DHR) stock had a bullish inflow of $57.21 million worth of trades on uptick and an outflow of $36.94 million in downticks on Friday. The total uptick to downtick ratio stood at 1.55. The net money flow into the stock was $20.27 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $20.36 million. An inflow of $3.34 million block trade was recorded on downticks. $23.7 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 7.09 in favor of the bulls. However, Danaher Corporation (DHR) stock traded down $0.05 , and reached $81.24, a drop of -0.06% over the previous day. On a weekly basis, the stock is 0.4%, over the previous weeks close.


Danaher Corporation (DHR) : Currently there are 13 street experts covering Danaher Corporation (DHR) stock. The most bullish and bearish price target for the stock is $120 and $81 respectively for the short term. The average price target of all the analysts comes to $95.31. The estimated standard deviation from the target is $10.14.

Danaher Corporation (NYSE:DHR): On Fridays trading session , Opening price of the stock was $81.4 with an intraday high of $81.4631. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $80.66. However, the stock managed to close at $81.24, a loss of 0.06% for the day. On the previous day, the stock had closed at $81.29. The total traded volume of the day was 3,100,062 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Danaher Corp /De/, Schwieters John T had sold 2,500 shares worth of $242,625 in a transaction dated May 6, 2016. In this transaction, 2,500 shares were sold at $97.05 per share.

Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. It operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental, and Industrial Technologies. The Test & Measurement segment offers test, measurement and monitoring products. The Environmental segment products and services help protect the global water supply, facilitate environmental stewardship and enhance the safety of personal data. The Companys diagnostics business offers analytical instruments, reagents, consumables, software and services. The Dental segment provides products that are used to diagnose, treat and prevent disease and ailments of the teeth, gums and supporting bone. The Companys Industrial Technologies solutions help protect the worlds food supply, improve packaging design and quality, verify pharmaceutical dosages and authenticity and power innovative machines.

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