Shares of DENTSPLY International (XRAY) Sees Large Inflow of Net Money Flow

DENTSPLY International (XRAY) : Investors lapped up stocks on upticks to the tune of $3.23 million in the Fridays trading session. The trading value on downticks was comparatively at $2.01 million and the uptick to downtick ratio of 1.61 indicates continuous buying by the bulls. The net money flow into the stock was $1.22 million. Upticks saw transactions worth $1 clearly indicating buying by large investors. The total money flow for block trades stood at $1 million, which is a positive for the stock in the long-term. DENTSPLY International (XRAY) fell $0.02 during the day at $62.45, a drop of -0.03% over the previous days close. However, for the week, the stock is -0.81%, compared to the previous week.


DENTSPLY International (XRAY) : The highest short term price target forecast on DENTSPLY International (XRAY) is $78 and the lowest target price is $60. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $68.25 with a standard deviation of $5.15.

DENTSPLY International (NASDAQ:XRAY): stock turned positive on Friday. Though the stock opened at $62.71, the bulls momentum made the stock top out at $62.83 level for the day. The stock recorded a low of $62.32 and closed the trading day at $62.73, in the green by 0.42%. The total traded volume for the day was 886,465. The stock had closed at $62.47 in the previous days trading.

In a related news, Berthan Rainer, (Exec VP, Mfg & Supply Chain) of Dentsply Sirona Inc., unloaded 6,464 shares at an average price of $62.56 on June 2, 2016. The total amount of the transaction was worth $404,388, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

DENTSPLY International Inc. is a designer, developer, manufacturer and marketer of a range of consumable dental products for the professional dental market. It operates through three segments: Dental Consumable and Certain International Businesses; Dental Specialty and Laboratory and Certain Global Distribution Businesses, and Healthcare and Emerging Markets Businesses. All the segments are primarily engaged in the design, manufacture and distribution of dental and medical products in four product categories. Its Dental Consumable Products consist of dental supplies and devices and small equipment used in dental offices. Its Dental Laboratory Products are used in the preparation of dental appliances by dental laboratories. Its Dental Specialty Products are specialized treatment products used within the dental office and laboratory settings. Its Consumable Medical Device Products consist mainly of urology catheters, certain surgical products, medical drills and other products.

Leave a Reply

Get Pre-Market Alerts!

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