Ecolab (ECL) : Ecolab (ECL) had a healthy money flow of $1.8 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $2.08 million, whereas, investors only sold shares worth $0.27 million on downticks. The stock closed the day with an up-down ratio of 7.56.The money flow in the block trades to the tune of $1.74 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $1.74 million worth of transactions were on upticks. Ecolab (ECL) stock slid $0.14 intraday and traded at 122.31, a change of -0.12% over previous days close. However, for the week, the company shares are -0.34% compared to previous weeks close.
Shares of Ecolab Inc. rose by 0.35% in the last five trading days and 1.43% for the last 4 weeks. Ecolab Inc. is up 4.13% in the last 3-month period. Year-to-Date the stock performance stands at 7.93%.
Ecolab (NYSE:ECL): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $122.91 and $121.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $122.98. The buying momentum continued till the end and the stock did not give up its gains. It closed at $122.68, notching a gain of 0.19% for the day. The total traded volume was 720,925 . The stock had closed at $122.45 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Mulhere Timothy P, officer (EVP & Regions President) of Ecolab Inc., had unloaded 3,762 shares at an average price of $121.6 in a transaction dated on June 8, 2016. The total value of the transaction was worth $457,459.
Ecolab Inc. provides water, hygiene and energy technologies and services. The Company operating segments include Global Industrial, Global Institutional, Global Energy and Other. The Companys Global Industrial segment consists of the Water, Food and Beverage, Paper and Textile Care operating units. Global Institutional segment consists of the Institutional, Specialty and Healthcare operating units. The Global Energy segment provides on-site, technology-driven solutions to the global drilling, oil and gas production, refining, and petrochemical industries. Other segment consists of the pest elimination and equipment care operating units. The Companys cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, Government and education, retail, textile care and commercial facilities management sectors in over 170 countries.