Shares of Quest Diagnostics Incorporated (DGX) Sees Large Inflow of Net Money Flow

Quest Diagnostics Incorporated (DGX) : Quest Diagnostics Incorporated (DGX) had a healthy money flow of $0.68 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $3.56 million, whereas, investors only sold shares worth $2.88 million on downticks. The stock closed the day with an up-down ratio of 1.24.The money flow in the block trades to the tune of $0.91 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.91 million worth of transactions were on upticks. Quest Diagnostics Incorporated (DGX) stock slid $0.18 intraday and traded at 82.64, a change of -0.22% over previous days close. However, for the week, the company shares are 0.5% compared to previous weeks close.


The company Insiders own 1.5% of Quest Diagnostics Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.12% . Institutional Investors own 93.52% of Quest Diagnostics Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -7.27%. In an insider trading activity, Doherty Catherine T., officer (SVP, Clin. Franchise Solutions) of Quest Diagnostics Inc, unloaded 47,334 shares at an average price of $77.27 on May 27, 2016. The total amount of the transaction was worth $3,657,498, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Quest Diagnostics Inc. rose by 2.39% in the last five trading days and 7.71% for the last 4 weeks. Quest Diagnostics Inc. is up 14.51% in the last 3-month period. Year-to-Date the stock performance stands at 18.57%.

Quest Diagnostics Incorporated (NYSE:DGX): stock turned positive on Tuesday. Though the stock opened at $83.02, the bulls momentum made the stock top out at $83.29 level for the day. The stock recorded a low of $82.48 and closed the trading day at $83.01, in the green by 0.23%. The total traded volume for the day was 1,242,521. The stock had closed at $82.82 in the previous days trading.

Quest Diagnostics Incorporated is a provider of diagnostic testing information services. The Company consists of two businesses: Diagnostic Information Services and Diagnostic Solutions. Diagnostic Information Services business, consists of two parts, develops and delivers diagnostic testing, information and services to patients, physicians, health plans, hospitals, accountable care organizations (ACOs), integrated delivery networks (IDNs), other commercial laboratories, patients and other customers. Diagnostics Information Services business also provides diagnostic information services, which includes providing clinical testing services, such as routine testing, gene-based and esoteric testing, anatomic pathology services and drugs-of-abuse testing. Diagnostic Solutions includes the Companys other businesses, including central laboratory testing for pharmaceutical and medical device clinical trials, risk assessment services, diagnostic products and healthcare information technology.

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