Shares of MTS Systems Corporation (MTSC) Sees Large Outflow of Money

MTS Systems Corporation (MTSC) : The total money flow in MTS Systems Corporation (MTSC) was negative ($8 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $9.75 million. In comparison, the inflow of money into the stock on upticks was $1.75 million. The uptick to downtick ratio was 0.18. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $7.41 million. The negative money flow of ($7.41 million) confirms the selling in MTS Systems Corporation (MTSC) on strength. MTS Systems Corporation (MTSC) gained $0.53 at $48.36, a gain of 1.11% over the previous days close. However, the stock registered 2.41% in the week.


Shares of MTS Systems Corporation rose by 2.03% in the last five trading days and 5.34% for the last 4 weeks. MTS Systems Corporation is up 0.33% in the last 3-month period. Year-to-Date the stock performance stands at -22.79%.

MTS Systems Corporation (NASDAQ:MTSC): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $48.05 and $47.66 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $48.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.36, notching a gain of 1.11% for the day. The total traded volume was 324,220 . The stock had closed at $47.83 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 Mts Systems Corp, Yu Chun Hung, had purchased 2,000 shares in a transaction dated on May 12, 2016. The transaction was executed at $47.44 per share with total amount equaling $94,880.

MTS Systems Corporation (MTS) is a global supplier of test systems and position sensors. The Companys operations are organized and managed in two business segments: the Test segment and the Sensors. Testing segments testing hardware, software and services solutions help customers improve their design, development, and manufacturing processes and are used for determining the mechanical behavior of materials, products, and structures. Test also sells a range of accessories and spare parts, as well as services, including installation, calibration, maintenance, training and consulting. MTS sensors segment provides controls for a range of industrial and vehicular applications. The segments customer industries include manufacturers of plastic injection molding machines, steel mills, fluid power, oil and gas, medical, wood product processing equipment, mobile equipment, and energy.

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