Shares of Stryker Corporation (SYK) Sees Large Outflow of Money

Stryker Corporation (SYK) : Mondays money flow analysis of Stryker Corporation (SYK) 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 $4.25 million. In comparison, the inflow of money on upticks was a meager $2.43 million. The dollar value of composite uptick trades minus the downtick trades was negative $1.82 million. The uptick to downtick ratio of 0.57 in the money flow shows weakness. The downtick transaction value was high at $1.37 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($1.37 million). Stryker Corporation (SYK) gained $0 at $115.57, a change of 0% over the previous days close.


Shares of Stryker Corporation appreciated by 0.36% during the last five trading days but lost 5.61% on a 4-week basis. Stryker Corporation is up 2.9% in the last 3-month period. Year-to-Date the stock performance stands at 24.85%.

Stryker Corporation (NYSE:SYK): The stock opened at $115.50 on Monday but the bulls could not build on the opening and the stock topped out at $115.80 for the day. The stock traded down to $115.23 during the day, due to lack of any buying support eventually closed down at $115.23 with a loss of -0.29% for the day. The stock had closed at $115.57 on the previous day. The total traded volume was 568,638 shares.

In a related news,The director of Stryker Corp, Stryker Ronda E sold 12,000 shares at $115.54 on August 11, 2016. The Insider selling transaction had a total value worth of $1,386,480. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Stryker Corporation is a medical technology company. The Company offers a range of products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine, which help improve patient and hospital outcomes.

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