Shares of Graco (GGG) Sees Large Outflow of Money

Graco (GGG) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.79 million) and the uptick to downtick ratio was 0.12. The transaction value on upticks was $0.25 million and on downticks, the transaction value was $2.05 million. The transaction value of block trades during downticks was $1.85 million. The money flow was negative ($1.85 million), indicating the traders were booking profit on the price strength. Graco (GGG) rose $0.16 at $73.83, during intraday Monday , a rise of 0.22% over the previous days close.


Graco Inc. has lost 0.04% in the last five trading days and dropped 7.97% in the last 4 weeks. Graco Inc. has dropped 7.78% during the last 3-month period . Year-to-Date the stock performance stands at 3.93%.

Graco (NYSE:GGG): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.95 and $73.79 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $74.03. The buying momentum continued till the end and the stock did not give up its gains. It closed at $73.93, notching a gain of 0.35% for the day. The total traded volume was 326,290 . The stock had closed at $73.67 on the previous day.

In a related news, The officer (Vice President), of Graco Inc, Rescorla Charles L had unloaded 22,500 shares at $81.73 per share in a transaction on June 2, 2016. The total value of transaction was $1,838,925. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Graco Inc. (Graco) is a manufacturing company. The Company designs, manufactures and markets equipment to pump, meter, mix and dispense a variety of fluids and coatings. Its equipment is used in the construction, automotive, industrial, mining, oil and natural gas, process, public works and other industries. The Company operates in three segments: Industrial, Contractor and Lubrication. The Industrial segment markets equipment and pre-engineered packages for moving and applying paints, coatings, sealants, adhesives and other fluids. The Contractor segment markets sprayers for architectural coatings for painting, corrosion control, texture and line striping. The Lubrication segment markets products to move and dispense lubricants for service garages, fleet service centers, automobile dealerships, the mining industry and industrial lubrication applications. Graco sells its products in North, Central and South America, Europe, Middle East and Africa, and Asia Pacific.

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