Shares of Emerson Electric Company (EMR) Sees Large Outflow of Money

Emerson Electric Company (EMR) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (11.32 million) in Emerson Electric Company (EMR). On Wednesday, The value of composite uptick trades was $14.01 million, whereas, the value of composite downtick trades was $25.33 million and the ratio between the two was 0.55, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $11.51 million. $0.78 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.07. The negative money flow of ($10.73 million) shows selling on strength. Emerson Electric Company (EMR) gained $0.04 intraday at $56.38 and registrered 0.07% for the week.


Also, Major Brokerage house, Argus Research upgrades its ratings on Emerson Electric Company (NYSE:EMR). According to the latest information available, the shares are now rated Buy by the analysts at the agency. Previously, the analysts had a Hold rating on the shares. The rating by the firm was issued on May 11, 2016.

Emerson Electric Company (NYSE:EMR): The stock opened at $56.38 on Wednesday but the bulls could not build on the opening and the stock topped out at $56.50 for the day. The stock traded down to $56.12 during the day, due to lack of any buying support eventually closed down at $56.18 with a loss of -0.28% for the day. The stock had closed at $56.34 on the previous day. The total traded volume was 3,672,120 shares.

The stock has recorded a 20-day Moving Average of 5.83% and the 50-Day Moving Average is 6.86%. In a related news, Golden Arthur F, director of Emerson Electric Co had purchased 4,000 shares on August 7, 2015 in a transaction. The price per share was $49.4 and the total amount of the disclosed transaction was $197,600.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Emerson Electric Co. is engaged in offering technology and engineering together that provides solutions for customers in industrial, commercial, and consumer markets around the world. The company operates through five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. The Process Management segment provides measurement, control and diagnostic capabilities for automated industrial processes. The Industrial Automation segment provides integrated manufacturing solutions to its customers at the source of manufacturing their own products. The Network Power segment designs, manufactures, installs and maintains products providing grid-to-chip electric power conditioning. The Climate Technologies segment provides products and services for the climate control industry. The Companys Commercial & Residential Solutions segment offers a range of tools, storage products and appliance solutions.

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