Large Inflow of Money Detected in Procter & Gamble Company (The)

Procter & Gamble Company (The) (PG) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $144.07 million worth of transactions were on upticks, whereas, the downticks accounted for $83.55 million worth of transactions. The net money flow was a positive $60.52 million and the uptick to downtick ratio was 1.72. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 12.29 in their favor. The net money flow into the stock was $70.8 million. The value of block trades done on downticks was only $6.27 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $77.07 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Procter & Gamble Company (The) (PG) was trading at $87.56, down $0.74 during day. The stock slid -0.84% over the previous days close. For the week, the stock recorded -0.02% over the previous weeks close.


Also, Johnson Rice upgrades its view on Procter & Gamble Company (The) (NYSE:PG) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Earlier, the shares had a rating of Accumulate. The rating by the firm was issued on August 26, 2016.

Shares of The Procter & Gamble Company rose by 0.16% in the last five trading days and 1.31% for the last 4 weeks. The Procter & Gamble Company is up 7.87% in the last 3-month period. Year-to-Date the stock performance stands at 12.99%.

Procter & Gamble Company (The) (NYSE:PG): The stock opened at $87.72 on Tuesday but the bulls could not build on the opening and the stock topped out at $88.30 for the day. The stock traded down to $87.46 during the day, due to lack of any buying support eventually closed down at $87.54 with a loss of -0.86% for the day. The stock had closed at $88.30 on the previous day. The total traded volume was 11,619,392 shares.

In a related news, The officer (Group President Global Groomin), of Procter & Gamble Co, Pierce Charles E had unloaded 3,556 shares at $86.3 per share in a transaction on August 17, 2016. The total value of transaction was $306,883. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty, which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming, which includes blades, razors and electronic hair removal devices, such as electric razors and epilators; Health Care, which includes oral care and personal health care products.; Fabric Care and Home Care, which consists of a range of fabric care products, home care products and batteries, and Baby Feminine and Family Care, which offers diapers, pants, baby wipe, Bounty paper, towel and Charmin toilet paper brands. The Companys products are sold in over 180 countries and territories. P&Gs customers include mass merchandisers, grocery stores, membership club stores, drug stores, department stores, salons distributors, e-commerce and stores.

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