Large Inflow of Money Detected in Whirlpool Corporation

Whirlpool Corporation (WHR) : Tuesdays money flow indicated an uptick to downtick ratio was at 1.38. The total value of inflow transactions on upticks was $27.07 million, whereas, the total value of outflow trades on downticks was $19.55 million. The total money flow was $7.52 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $8.16 million. The total value of the trades done on upticks was $8.16 million. Whirlpool Corporation (WHR) was trading with a -1.15% change over previous days close. It fell $2.09 during the day and reached $179.25. The stock was -0.98% compared to the previous weeks close.


Also, Brokerage firm Raymond James upgrades its rating on Whirlpool Corporation (NYSE:WHR). The shares have been rated Strong Buy. Previously, the analysts had a Market Perform rating on the shares. The rating by the firm was issued on July 25, 2016.

Whirlpool Corp. has lost 3.23% in the last five trading days and dropped 6.2% in the last 4 weeks. Whirlpool Corp. is up 2.85% in the last 3-month period. Year-to-Date the stock performance stands at 24.18%.

Whirlpool Corporation (NYSE:WHR): The stock opened at $181.19 on Tuesday but the bulls could not build on the opening and the stock topped out at $181.87 for the day. The stock traded down to $178.65 during the day, due to lack of any buying support eventually closed down at $179.25 with a loss of -1.15% for the day. The stock had closed at $181.34 on the previous day. The total traded volume was 472,103 shares.

In a related news, The director officer (PRES & CHIEF OPERATING OFFICER), of Whirlpool Corp /De/, Bitzer Marc R had unloaded 9,510 shares at $190 per share in a transaction on August 5, 2016. The total value of transaction was $1,806,900. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures products in 14 countries and markets products in nearly every country around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. The Companys reportable segments consist of North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia. The Company manufactures and markets a line of home appliances and related products. Its principal products are laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers and other portable household appliances. It also produces hermetic compressors for refrigeration systems.

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