Shares of Lear Corporation (LEA) Sees Large Outflow of Money

Lear Corporation (LEA) : Mondays money flow analysis of Lear Corporation (LEA) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $1.68 million. In comparison, the inflow of money on upticks was a meager $0.72 million. The dollar value of composite uptick trades minus the downtick trades was negative $0.96 million. The uptick to downtick ratio of 0.43 in the money flow shows weakness. The downtick transaction value was high at $0 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($0 million). Lear Corporation (LEA) gained $0.56 at $114.81, a change of 0.49% over the previous days close.


Shares of Lear Corp. rose by 0.17% in the last five trading days and 2.56% for the last 4 weeks. Lear Corp. is up 0.2% in the last 3-month period. Year-to-Date the stock performance stands at -6.1%.

Lear Corporation (NYSE:LEA): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $114.13 and $114.13 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $115.12. The buying momentum continued till the end and the stock did not give up its gains. It closed at $114.70, notching a gain of 0.39% for the day. The total traded volume was 477,758 . The stock had closed at $114.25 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 LEAR CORP, Mallett Conrad L Jr had sold 100 shares worth of $10,099 in a transaction dated June 28, 2016. In this transaction, 100 shares were sold at $100.99 per share.

Lear Corporation is engaged in providing automotive seat systems and individual seat component parts. The Company has two segments: seating and electrical. The Company seating segment consists of the design, development, engineering, assembly and delivery of complete seat systems. The Company is also involved in the design, development, engineering and manufacture of all seat components, including seat structures and mechanisms, seat covers and surface materials, such as fabric and leather, seat foam and headrests. The Companys electrical segment consists of the design, development, engineering, manufacture, assembly and supply of electrical distribution systems and components for light vehicles. The Company has manufacturing, engineering and administrative capabilities in about 34 countries with 219 locations. The Company also manufactures junction boxes and electronic control modules, which are connected to the wire harness assemblies.

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