Shares of Albemarle Corporation (ALB) Sees Large Outflow of Money

Albemarle Corporation (ALB) : Mondays money flow analysis of Albemarle Corporation (ALB) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $22.88 million. In comparison, the inflow of money on upticks was a meager $15.8 million. The dollar value of composite uptick trades minus the downtick trades was negative $7.08 million. The uptick to downtick ratio of 0.69 in the money flow shows weakness. The uptick block trades were valued at $1.03 million. The downtick transaction value was high at $7.81 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.13. Hence, the net money flow in the stock was negative ($6.79 million). Albemarle Corporation (ALB) gained $1.07 at $84.08, a change of 1.29% over the previous days close.


Shares of Albemarle Corporation appreciated by 2.32% during the last five trading days but lost 2.63% on a 4-week basis. Albemarle Corporation is up 8.47% in the last 3-month period. Year-to-Date the stock performance stands at 51.45%.

Albemarle Corporation (NYSE:ALB): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $83.48 and $83.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $84.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $84.08, notching a gain of 1.29% for the day. The total traded volume was 1,135,752 . The stock had closed at $83.01 on the previous day.

In a related news,The director of Albemarle Corp, Sherman John Jr sold 4,300 shares at $82.11 on August 5, 2016. The Insider selling transaction had a total value worth of $353,073. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Albemarle Corporation (Albemarle) is a developer, manufacturer and marketer of specialty chemicals across a range of end markets, including the petroleum refining, consumer electronics, plastics/packaging, construction, automotive, lubricants, pharmaceuticals, crop protection, food-safety and custom chemistry services markets. The Company operates through two segments: Performance Chemicals and Catalyst Solutions. As of December 31, 2014, the Performance Chemicals segment includes the Fire Safety Solutions, Specialty Chemicals and Fine Chemistry Services product categories. As of December 31, 2014, the Catalyst Solutions segment includes the Refinery Catalyst Solutions and Performance Catalyst Solutions product categories.

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