Shares of W.W. Grainger (GWW) Sees Large Outflow of Money

W.W. Grainger (GWW): The stock had negative money flow to the tune of ($0.98 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $1.33 million, whereas, the outflow of money on downticks was $2.31 million and the ratio between the two was 0.58. The block trade had a negative net money flow of ($0 million). On the other hand, downticks amounted to $0 million of the traded value, which shows distribution in the stock by traders. W.W. Grainger (GWW) closed with marginal gains of 95 cents to end the day at $229.92, an increase of 0.41% over the previous days close. The stock recorded 4.03% for the week.


Shares of W.W. Grainger, Inc. rose by 4.67% in the last five trading days and 0.43% for the last 4 weeks. W.W. Grainger, Inc. is up 1.5% in the last 3-month period. Year-to-Date the stock performance stands at 15.96%.

W.W. Grainger (NYSE:GWW): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $228.73 and $228.55 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $231.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $230.99, notching a gain of 0.88% for the day. The total traded volume was 321,901 . The stock had closed at $228.97 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 officer (Sr. VP & Chief People Officer) of Grainger W W Inc, High Joseph C had sold 1,722 shares worth of $378,840 in a transaction dated July 26, 2016. In this transaction, 1,722 shares were sold at $220 per share.

W.W. Grainger, Inc. is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America. It operates in two segments: the United States and Canada. The United States business offers a selection of maintenance, repair and operating supplies and other related products and services. Acklands – Grainger is a distributor of industrial and safety supplies that distributes tools, fasteners, safety supplies, instruments, welding and shop equipment, among others. Other businesses include Zoro, the single channel online business in the United States, and operations in Europe, Asia and Latin America. The Company provides customers with a range of options for finding and purchasing products, utilizing sales representatives, contact centers, direct marketing materials, catalogs and e-commerce.

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