Large Inflow of Money Detected in Badger Meter

Badger Meter (BMI) : Badger Meter (BMI) had a healthy money flow of $0.22 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $0.65 million, whereas, investors only sold shares worth $0.43 million on downticks. The stock closed the day with an up-down ratio of 1.52.The money flow in the block trades to the tune of $0 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0 million worth of transactions were on upticks. Badger Meter (BMI) stock slid $2.76 intraday and traded at 68.34, a change of -3.88% over previous days close. However, for the week, the company shares are -1.56% compared to previous weeks close.


Badger Meter Inc. has lost 0.24% in the last five trading days and dropped 6.08% in the last 4 weeks. Badger Meter Inc. has dropped 5.53% during the last 3-month period . Year-to-Date the stock performance stands at 20.44%.

Badger Meter (NYSE:BMI): The stock opened at $67.84 on Monday but the bulls could not build on the opening and the stock topped out at $70.49 for the day. The stock traded down to $66.59 during the day, due to lack of any buying support eventually closed down at $70.16 with a loss of -1.32% for the day. The stock had closed at $71.10 on the previous day. The total traded volume was 164,823 shares.

In a related news, The Securities and Exchange Commission has divulged that Smiley Beverly L P, officer (VP-Controller) of Badger Meter Inc, had unloaded 500 shares at an average price of $71 in a transaction dated on April 26, 2016. The total value of the transaction was worth $35,500.

Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement and control technologies serving markets around the world. The Company offers products to measure water, oil, chemicals and other fluids. Its three product lines include sales of water meters and related technologies to municipal water utilities (municipal water), sales of meters to various industries for water and other fluids (flow instrumentation), and sales of gas meter radios and concrete vibrators to markets (specialty products). Municipal water offering includes mechanical and electronic (static) water meters and related technologies and services used by water utilities for generating water and wastewater. Flow instrumentation category includes the sale of meters and valves to measure and control materials flowing through a pipe. Its specialty products include the sale of radio technology to natural gas utilities for installation on their gas meters.

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