Ecolab (ECL) : Tuesdays money flow indicated an uptick to downtick ratio was at 1.3. The total value of inflow transactions on upticks was $9.29 million, whereas, the total value of outflow trades on downticks was $7.16 million. The total money flow was $2.14 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $2.31 million. The total value of the trades done on upticks was $2.31 million. Ecolab (ECL) was trading with a -0.01% change over previous days close. It fell $0.01 during the day and reached $123.88. The stock was 0.77% compared to the previous weeks close.
Also, Macquarie initiates coverage on Ecolab (NYSE:ECL). The rating major has initiated the coverage with outperform rating on the shares. The Analysts at Macquarie announces a current price target of $143 per share. The rating by the firm was issued on August 25, 2016.
Shares of Ecolab Inc. rose by 1.07% in the last five trading days and 4.47% for the last 4 weeks. Ecolab Inc. is up 4.91% in the last 3-month period. Year-to-Date the stock performance stands at 9.07%.
Ecolab (NYSE:ECL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $124.09 and $123.44 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $124.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $123.98, notching a gain of 0.07% for the day. The total traded volume was 787,618 . The stock had closed at $123.89 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Baker Douglas M Jr, director officer (Chairman and CEO) of Ecolab Inc., had unloaded 25,800 shares at an average price of $122.41 in a transaction dated on August 19, 2016. The total value of the transaction was worth $3,158,178.
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.