ProLogis (PLD) : $30.6 million worth of transactions were on upticks in ProLogis (PLD), compared to $8.47 million on downticks. The ratio between the two was 3.61, whereas, the net money flow stood at a healthy $22.13 million on Mondays session. The consistent buying on upticks in the stock accounted for $22.86million worth of trades. The total money flow into the stock stood at $22.86 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.33%. The stock was trading at $54.17, with a drop of $0.18 over the previous days close. The stock recorded 0.09% for the week.
Shares of Prologis, Inc. rose by 0.78% in the last five trading days and 5.53% for the last 4 weeks. Prologis, Inc. is up 13.61% in the last 3-month period. Year-to-Date the stock performance stands at 28.57%.
ProLogis (NYSE:PLD): The stock opened at $54.37 on Monday but the bulls could not build on the opening and the stock topped out at $54.54 for the day. The stock traded down to $54.06 during the day, due to lack of any buying support eventually closed down at $54.17 with a loss of -0.33% for the day. The stock had closed at $54.35 on the previous day. The total traded volume was 1,800,739 shares.
In a related news, Moghadam Hamid R, director officer (Chairman & CEO) of Prologis, Inc., unloaded 446,991 shares at an average price of $54.35 on July 29, 2016. The total amount of the transaction was worth $24,293,961, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Prologis, Inc. is engaged in industrial logistics real estate, focused on markets across the Americas, Europe and Asia. The Company leases modern distribution facilities to more than 4,700 customers, including third-party logistics providers, transportation companies, retailers and manufacturers. The Companys business consists of two operating segments: Real Estate Operations and Strategic Capital. The Companys customer base represents a spectrum of international, national, regional and local distribution users. As of December 31, 2014, the Company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 590 million square feet (55 million square meters) in 21 countries.