Large Inflow of Money Detected in Colgate-Palmolive Company

Colgate-Palmolive Company (CL) : The money flow analysis of Colgate-Palmolive Company (CL) indicates a $26.3 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $48.11 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.83 and so was the total money flow at $21.81 million. A solid up-down ratio of 13.32 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $24.46 million worth of block trades on upticks. Only $1.84 million worth of the stock exchanged hands on downticks. The money flow was $22.62 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Colgate-Palmolive Company (CL), pushing it down by -0.35% for the day. The stock slid $0.26 and traded at $74.71 during the day. Nonetheless, the stock is 0.17% over the previous weeks close.


Shares of Colgate-Palmolive Co. rose by 0.38% in the last five trading days and 0.51% for the last 4 weeks. Colgate-Palmolive Co. is up 4.28% in the last 3-month period. Year-to-Date the stock performance stands at 14.04%.

Colgate-Palmolive Company (NYSE:CL): The stock opened at $75.00 on Monday but the bulls could not build on the opening and the stock topped out at $75.24 for the day. The stock traded down to $74.64 during the day, due to lack of any buying support eventually closed down at $74.71 with a loss of -0.35% for the day. The stock had closed at $74.97 on the previous day. The total traded volume was 2,375,818 shares.

In a related news,The director of Colgate Palmolive Co, Kogan Richard J sold 8,000 shares at $74.66 on August 10, 2016. The Insider selling transaction had a total value worth of $597,280. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in more than 200 countries and territories throughout the world. The Company operates in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through five geographic segments: North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia. The Companys oral care products include Colgate Total; Colgate Sensitive Pro-Relief; Colgate Max Fresh; Colgate Optic White and Colgate Luminous White toothpastes, among others. The Company sells its personal care products under the Palmolive, Protex and Softsoap brands. The Company, through its Hills Pet Nutrition segment (Hills), manufactures pet nutrition products for dogs and cats.

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