Shares of CF Industries Holdings (CF) Sees Large Outflow of Money

CF Industries Holdings (CF) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (18.6 million) in CF Industries Holdings (CF). On Tuesday, The value of composite uptick trades was $68.36 million, whereas, the value of composite downtick trades was $86.96 million and the ratio between the two was 0.79, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $32.58 million. $11.02 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.34. The negative money flow of ($21.56 million) shows selling on strength. CF Industries Holdings (CF) gained $1.19 intraday at $26.17 and registrered 4.76% for the week.


Also, Major Brokerage house, UBS upgrades its ratings on CF Industries Holdings (NYSE:CF). In the latest research report, UBS raises the target price from $22 per share to $28 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on August 23, 2016.

Shares of CF Industries Holdings, Inc. rose by 5.4% in the last five trading days and 8.68% for the last 4 weeks. CF Industries Holdings, Inc. has dropped 3.98% during the last 3-month period . Year-to-Date the stock performance stands at -33.62%.

CF Industries Holdings (NYSE:CF): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.04 and $24.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.17, notching a gain of 4.76% for the day. The total traded volume was 13,912,694 . The stock had closed at $24.98 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Cf Industries Holdings, Inc., Arzbaecher Robert C, had purchased 21,600 shares in a transaction dated on August 16, 2016. The transaction was executed at $23.25 per share with total amount equaling $502,200.

CF Industries Holdings, Inc. is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Companys nitrogen fertilizer products include ammonia, granular urea and urea ammonium nitrate solution (UAN). The Companys other nitrogen products include ammonium nitrate (AN), diesel exhaust fluid (DEF), urea liquor and aqua ammonia. The Companys customers include cooperatives, independent fertilizer distributors and industrial users. It operates seven nitrogen fertilizer production facilities in North America. The Company owns four production facilities in the Central United States, one in Medicine Hat, Alberta, Canada and one in Courtright, Ontario, Canada. It also has a 75.3% interest in Terra Nitrogen Company, L.P. (TNCLP) and its subsidiary, TNLP, which owns a nitrogen fertilizer facility in Verdigris, Oklahoma.

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