Shares of Perrigo Company (PRGO) Sees Large Outflow of Money

Perrigo Company (PRGO) : The value of composite uptick trades was $81.68 million, whereas, the value of composite downtick trades was $86.63 million. The uptick to downtick ratio stood at 0.94 with a negative money flow of ($4.94) Million during Mondays trading session. The block trades money flow was negative ($1.97 million).The uptick to the downtick ratio of 1.19 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $12.34 million. The transaction of the trades on downticks amounted to $10.37 million, which confirms investors selling on the strength of price. Perrigo Company (PRGO) gained 216 cents at $87.96, an increase of 2.52% over the previous days close.


Perrigo Company plc has lost 5.51% in the last five trading days and dropped 6.77% in the last 4 weeks. Perrigo Company plc has dropped 0.35% during the last 3-month period . Year-to-Date the stock performance stands at -38.82%.

Perrigo Company (NYSE:PRGO): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $87.88 and $87.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $88.81. The buying momentum continued till the end and the stock did not give up its gains. It closed at $88.29, notching a gain of 0.38% for the day. The total traded volume was 1,894,066 . The stock had closed at $87.96 on the previous day.

In a related news, Brown Judy L, officer (Executive VP & CFO) of Perrigo Co Plc, unloaded 2,776 shares at an average price of $126.22 on April 13, 2016. The total amount of the transaction was worth $350,387, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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