Large Inflow of Money Detected in Waste Connections

Waste Connections (WCN) stock had a bullish inflow of $2.52 million worth of trades on uptick and an outflow of $1.53 million in downticks on Monday. The total uptick to downtick ratio stood at 1.65. The net money flow into the stock was $1 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.18 million. $1.18 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Waste Connections (WCN) stock traded down $0.01 , and reached $78.39, a drop of -0.01% over the previous day. On a weekly basis, the stock is 1.07%, over the previous weeks close.


Shares of Waste Connections, Inc. rose by 1.09% in the last five trading days and 6.72% for the last 4 weeks. Waste Connections, Inc. is up 12.47% in the last 3-month period. Year-to-Date the stock performance stands at 39.35%.

Waste Connections (NYSE:WCN): The stock opened at $78.42 on Monday but the bulls could not build on the opening and the stock topped out at $78.94 for the day. The stock traded down to $77.84 during the day, due to lack of any buying support eventually closed down at $77.98 with a loss of -0.54% for the day. The stock had closed at $78.40 on the previous day. The total traded volume was 569,615 shares.

In a related news,The (Sr. VP, General Counsel & Sec) of Waste Connections, Inc., Shea Patrick James sold 5,000 shares at $73.05 on June 10, 2016. The Insider selling transaction had a total value worth of $365,250. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Waste Connections, Inc. is an integrated municipal solid waste (MSW) services company that provides solid waste collection, transfer, disposal and recycling services. It provides non-hazardous exploration and production (E&P), waste treatment, recovery and disposal services. The Company operates in four segments: Western, Central, Eastern and E&P. The Companys Western segment consists of locations in Alaska, California, Idaho, Montana, Nevada, Oregon, Washington and western Wyoming. The Companys Central segment consists of locations in Arizona, Colorado, Kansas, Louisiana, Minnesota, Nebraska, New Mexico, Oklahoma, South Dakota, Texas, Utah and eastern Wyoming. The Companys Eastern segment consists of locations in Alabama, Illinois, Iowa, Kentucky, Massachusetts, Michigan, Mississippi, New York, North Carolina, South Carolina and Tennessee. The Companys E&P segment consists of its E&P operations in Louisiana, New Mexico, North Dakota, Oklahoma, Texas, Wyoming and Gulf of Mexico.

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