Shares of Smith (A.O.) Corporation (AOS) Sees Large Inflow of Net Money Flow

Smith (A.O.) Corporation (AOS) : Fridays money flow data in Smith (A.O.) Corporation (AOS) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $22.19 million, whereas, $20.08 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.11, in favor of the bulls. The total money flow into the stock was $2.11 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $2.22 million. The total value of block trades done on upticks was $2.22 million. Smith (A.O.) Corporation (AOS) fell $0.08 and traded at $89.57, down -0.09% for the day, over previous days close. On a weekly basis, the shares are -1.53% over the previous weeks close.


Smith (A.O.) Corporation (AOS) : 10 Wall Street analysts covering Smith (A.O.) Corporation (AOS) believe that the average level the stock could reach for the short term is $94.2. The maximum price target given is $105 and the minimum target for short term is around $86, hence the standard deviation is calculated at $6.83.

Smith (A.O.) Corporation (NYSE:AOS): On Fridays trading session , Opening price of the stock was $89.51 with an intraday high of $89.67. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $88.38. However, the stock managed to close at $89.56, a loss of 0.10% for the day. On the previous day, the stock had closed at $89.65. The total traded volume of the day was 1,111,016 shares.

In a related news, Martineau Peter R, officer (Senior Vice President – CIO) of Smith A O Corp, unloaded 3,800 shares at an average price of $83.1 on May 27, 2016. The total amount of the transaction was worth $315,780, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

A. O. Smith Corporation operates its business through two segments, which include North America and Rest of World. Both segments manufacture and market a range of residential gas, gas tankless and electric water heaters and commercial water heating equipment. The North America segment manufactures and markets specialty commercial water heating equipment, condensing and non-condensing boilers, and water systems tanks. The Company serves residential and commercial end markets in North America with a range of products, including water heaters, boilers and others. The Rest of World segment manufactures and markets water treatment products, primarily in Asia. The Rest of World segment includes China, Europe and India. The Company supplies water heaters to the residential market in China with a range of product offering, including electric, gas, gas tankless, heat pump and solar units, as well as combi boilers.

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