Shares of Genesee & Wyoming (GWR) Sees Large Outflow of Money

Genesee & Wyoming (GWR) : The total negative money flow of $1.13 million on Monday indicates selling on strength. The inflow of money on upticks was $0.33 million, compared to $1.46 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.23. The negative money flow of $1.27 million in block trades reveals that the informed traders sold the stock on every bit of price strength.The transaction value of block trade on downtick was $1.27 million. The price action in the Genesee & Wyoming (GWR) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $65.13 with a gain of $1.2 , a change of 1.88% over the previous days close. The stock registered -0.2% for the week.


Shares of Genesee & Wyoming Inc. rose by 1.03% in the last five trading days and 1.69% for the last 4 weeks. Genesee & Wyoming Inc. is up 16.09% in the last 3-month period. Year-to-Date the stock performance stands at 22.93%.

Genesee & Wyoming (NYSE:GWR): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $64.28 and $64.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $66.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.00, notching a gain of 3.24% for the day. The total traded volume was 577,188 . The stock had closed at $63.93 on the previous day.

In a related news, The officer (General Counsel and Secretary), of Genesee & Wyoming Inc, Fergus Allison M had unloaded 2,271 shares at $64.69 per share in a transaction on August 5, 2016. The total value of transaction was $146,911. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Genesee & Wyoming Inc. owns and operates short line and regional freight railroads, and provides railcar switching and other rail-related services in the United States, Australia, Canada, the Netherlands and Belgium. The Company operates a longer-haul railroad that runs approximately 1,400 miles between Tarcoola in South Australia and Darwin in the Northern Territory of Australia. As of December 31, 2014, the Company operated in 41 states in the United States, four Australian states, one Australian territory and four Canadian provinces, and provided rail service at 37 ports in North America, Australia and Europe. As of December 31, 2014, the Company operated over approximately 15,600 miles of owned, jointly owned or leased track (inclusive of the Tarcoola to Darwin rail line operated under a concession agreement) and approximately 3,300 additional miles under other contractual track access arrangements.

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