Shares of Stanley Black & Decker (SWK) Sees Large Outflow of Money

Stanley Black & Decker (SWK) : Tuesdays money flow analysis of Stanley Black & Decker (SWK) 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 $33.43 million. In comparison, the inflow of money on upticks was a meager $27.57 million. The dollar value of composite uptick trades minus the downtick trades was negative $5.85 million. The uptick to downtick ratio of 0.82 in the money flow shows weakness. The uptick block trades were valued at $2.8 million. The downtick transaction value was high at $7.45 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.38. Hence, the net money flow in the stock was negative ($4.65 million). Stanley Black & Decker (SWK) gained $0.85 at $124.46, a change of 0.69% over the previous days close.


Also, Equity Analysts at the Longbow Research downgrades the rating on Stanley Black & Decker (NYSE:SWK). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Buy. The rating by the firm was issued on August 22, 2016.

Shares of Stanley Black & Decker, Inc. rose by 1.69% in the last five trading days and 1.95% for the last 4 weeks. Stanley Black & Decker, Inc. is up 9.62% in the last 3-month period. Year-to-Date the stock performance stands at 17.86%.

Stanley Black & Decker (NYSE:SWK): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $123.81 and $123.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $124.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $124.46, notching a gain of 0.69% for the day. The total traded volume was 1,193,556 . The stock had closed at $123.61 on the previous day.

In a related news,The officer (V.P. Corporate Tax) of Stanley Black & Decker, Inc., Bartone Michael A. sold 5,387 shares at $123.25 on August 5, 2016. The Insider selling transaction had a total value worth of $663,948. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Stanley Black & Decker, Inc. is a global provider of power and hand tools, products and services. The Company provides products and services for various industrial applications, mechanical access solutions (automatic doors and commercial locking systems), and electronic security and monitoring systems. The Companys operating segments include: Construction & Do-It-Yourself (CDIY), Industrial and Security. The CDIY segment consists of the Professional Power Tool Business; the Consumer Products Group, which includes outdoor products; the Hand Tools & Storage business, and the Fastening & Accessories business. The Industrial segment consists of the Industrial and Automotive Repair (IAR), Engineered Fastening and Infrastructure Businesses. The Security segment consists of the Convergent Security Solutions (CSS) and Mechanical Access Solutions (MAS) businesses.

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