Shares of Rockwell Automation (ROK) Sees Large Outflow of Money

Rockwell Automation (ROK) : Money flow in the Rockwell Automation (ROK) stock was negative (7 million) on Monday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $7.79 million, compared to $14.8 million on downticks. The total uptick to downtick ratio was 0.53, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($6.2 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $6.2 million, indicating persistent selling. Rockwell Automation (ROK) traded $1.22 higher at $118.86 gaining 1.04% over the previous days close.


Shares of Rockwell Automation Inc. rose by 1.35% in the last five trading days and 0.36% for the last 4 weeks. Rockwell Automation Inc. is up 4.37% in the last 3-month period. Year-to-Date the stock performance stands at 18.19%.

Rockwell Automation (NYSE:ROK): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $117.90 and $117.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $119.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $118.86, notching a gain of 1.04% for the day. The total traded volume was 386,764 . The stock had closed at $117.64 on the previous day.

In a related news, The (Sr. VP, Gen Counsel and Sec.), of Rockwell Automation Inc, Hagerman Douglas M had unloaded 3,500 shares at $119.01 per share in a transaction on August 10, 2016. The total value of transaction was $416,535. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Rockwell Automation, Inc. (Rockwell Automation), is a provider of industrial automation power, control and information solutions that help manufacturers achieve a competitive advantage for their businesses. The Company operates in two segments: Architecture & Software, which deals in hardware, software and communication components of the organization, and controls Products & Solutions that handles a portfolio of intelligent motor control and industrial control products, application expertise and project management capabilities. In the United States, Canada and certain other countries, the Company sells primarily through the independent distributors in conjunction with its direct sales force. In the remaining countries, the Company sells through a combination of its direct sales force.

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