Shares of Johnson Controls (JCI) Sees Large Outflow of Money

Johnson Controls (JCI) : The total money flow in Johnson Controls (JCI) was negative ($64.46 million), which signals selling by the traders on Tuesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $100.85 million. In comparison, the inflow of money into the stock on upticks was $36.39 million. The uptick to downtick ratio was 0.36. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $58.81 million. The negative money flow of ($58.81 million) confirms the selling in Johnson Controls (JCI) on strength. Johnson Controls (JCI) gained $0.42 at $44.31, a gain of 0.96% over the previous days close. However, the stock registered -1.6% in the week.


Also, Brokerage firm Credit Suisse maintains its rating on Johnson Controls (NYSE:JCI). In a research note issued to the investors, the brokerage major maintains price-target of $52 per share.The shares have been rated Outperform. The rating by the firm was issued on August 23, 2016.

Johnson Controls Inc. has lost 2.29% in the last five trading days and dropped 3.5% in the last 4 weeks. Johnson Controls Inc. has dropped 0.33% during the last 3-month period . Year-to-Date the stock performance stands at 13.84%.

Johnson Controls (NYSE:JCI): The stock opened at $44.24 on Tuesday but the bulls could not build on the opening and the stock topped out at $44.36 for the day. The stock traded down to $43.92 during the day, due to lack of any buying support eventually closed down at $44.03 with a loss of -0.63% for the day. The stock had closed at $44.31 on the previous day. The total traded volume was 7,873,824 shares.

In a related news,The officer (Chairman & CEO) of Johnson Controls Inc, Molinaroli Alex A sold 67,790 shares at $37.41 on March 2, 2016. The Insider selling transaction had a total value worth of $2,536,024. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Johnson Controls, Inc. is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions. The Building Efficiency segment offers designing, producing, marketing and installing integrated heating, ventilating and air conditioning (HVAC) systems, building management systems, controls, security and mechanical equipment. The Power Solutions segment offers lead-acid automotive batteries for passenger cars, light trucks and utility vehicles. The Company serves both automotive original equipment manufacturers (OEMs) and the general vehicle battery aftermarket. The Company also supplies advanced battery technologies to power start-stop, hybrid and electric vehicles.

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