Shares of Delphi Automotive plc (DLPH) Sees Large Outflow of Money

Delphi Automotive plc (DLPH) : The value of composite uptick trades was $0.91 million, whereas, the value of composite downtick trades was $3.42 million. The uptick to downtick ratio stood at 0.27 with a negative money flow of ($2.51) Million during Tuesdays trading session. The block trades money flow was negative ($2.56 million). The transaction of the trades on downticks amounted to $2.56 million, which confirms investors selling on the strength of price. Delphi Automotive plc (DLPH) gained 51 cents at $71.35, an increase of 0.72% over the previous days close.


Also, Seaport Global initiates coverage on Delphi Automotive plc (NYSE:DLPH). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Seaport Global announces a current price target of $77 per share. The rating by the firm was issued on August 9, 2016.

Shares of Delphi Automotive PLC rose by 3.76% in the last five trading days and 4.31% for the last 4 weeks. Delphi Automotive PLC is up 5.46% in the last 3-month period. Year-to-Date the stock performance stands at -16.76%.

Delphi Automotive plc (NYSE:DLPH): The stock opened at $70.86 on Tuesday but the bulls could not build on the opening and the stock topped out at $71.48 for the day. The stock traded down to $70.23 during the day, due to lack of any buying support eventually closed down at $70.41 with a loss of -0.61% for the day. The stock had closed at $70.84 on the previous day. The total traded volume was 2,490,117 shares.

In a related news, The Securities and Exchange Commission has divulged that Spencer James A, officer (EVP, Operations) of Delphi Automotive Plc, had unloaded 56,493 shares at an average price of $70.05 in a transaction dated on June 22, 2016. The total value of the transaction was worth $3,957,335.

Delphi Automotive PLC is a vehicle components manufacturer. The Company provides electrical and electronic, powertrain and safety solutions to the automotive and commercial vehicle markets. The Company operates through three segments: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. The Companys Electrical/Electronic Architecture segment provides design of the vehicles electrical architecture, including connectors, wiring assemblies and harnesses, electrical centers and hybrid high voltage, among others. Its Powertrain Systems segment provides systems integration of gasoline and diesel engine management systems. Its Electronics and Safety segment provides components, systems and software for passenger safety, security, and infotainment, as well as vehicle operation, including body controls, reception systems, infotainment and connectivity systems, hybrid vehicle power electronics, passive and active safety electronics, displays and mechatronics.

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