Large Inflow of Money Detected in E.I. du Pont de Nemours and Company

E.I. du Pont de Nemours and Company (DD) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $24.69 million worth of transactions were on upticks, whereas, the downticks accounted for $19.43 million worth of transactions. The net money flow was a positive $5.26 million and the uptick to downtick ratio was 1.27. The net money flow into the stock was $4.6 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $4.6 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. E.I. du Pont de Nemours and Company (DD) was trading at $70.24, down $0.21 during day. The stock slid -0.3% over the previous days close. For the week, the stock recorded 0.85% over the previous weeks close.


Also, Equity analysts at the Brokerage firm Deutsche Bank maintains its rating on E.I. du Pont de Nemours and Company (NYSE:DD). The rating major has initiated the coverage with sell rating on the shares. The Analysts at Deutsche Bank raises the price target from $55 per share to $56 per share. The rating by the firm was issued on August 12, 2016.

E. I. du Pont de Nemours and Company has dropped 0.28% in the last five trading days, however, the shares have posted positive gains of 1.84% in the last 4 weeks. E. I. du Pont de Nemours and Company is up 6.37% in the last 3-month period. Year-to-Date the stock performance stands at 7.36%.

E.I. du Pont de Nemours and Company (NYSE:DD): The stock opened at $70.54 on Tuesday but the bulls could not build on the opening and the stock topped out at $70.90 for the day. The stock traded down to $70.10 during the day, due to lack of any buying support eventually closed down at $70.24 with a loss of -0.30% for the day. The stock had closed at $70.45 on the previous day. The total traded volume was 2,591,149 shares.

In a related news, Doyle Christopher Marc, officer (Executive Vice President) of Dupont E I De Nemours & Co, unloaded 1,325 shares at an average price of $63 on March 8, 2016. The total amount of the transaction was worth $83,475, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Companys subsidiaries and affiliates conduct manufacturing, seed production or selling activities and distribute products manufactured by the Company. The Companys segments include Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. The Companys other business operations include various embryonic businesses, such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields, including biology, chemistry, engineering and materials science. The Companys brands include Pioneer, DuPont Teflon, Capstone, Opteon yf, Isceon, Suva, Vazo, Vertrel, Virkon, Viton, Zyron and Bynel coextrudable adhesive resins, Elvax EVA resins, DuPont Kevlar, Nomex and Tyvek.

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