Shares of Wabco Holdings (WBC) Sees Large Outflow of Money

Wabco Holdings (WBC): The stock had negative money flow to the tune of ($7.89 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $8.88 million, whereas, the outflow of money on downticks was $16.77 million and the ratio between the two was 0.53. The block trade had a negative net money flow of ($7.42 million). On the other hand, downticks amounted to $7.42 million of the traded value, which shows distribution in the stock by traders. Wabco Holdings (WBC) closed with marginal gains of 160 cents to end the day at $103.04, an increase of 1.58% over the previous days close. The stock recorded 2.17% for the week.


Shares of WABCO Holdings Inc. rose by 1.96% in the last five trading days and 10.43% for the last 4 weeks. WABCO Holdings Inc. has dropped 1.09% during the last 3-month period . Year-to-Date the stock performance stands at 0.77%.

Wabco Holdings (NYSE:WBC): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $101.41 and $101.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $103.90. The buying momentum continued till the end and the stock did not give up its gains. It closed at $103.05, notching a gain of 1.59% for the day. The total traded volume was 445,136 . The stock had closed at $101.44 on the previous day.

In a related news, The officer (PT Trlr Sys, Aftrmrkt & OffHwy), of Wabco Holdings Inc., Rens Nick had unloaded 600 shares at $101.19 per share in a transaction on August 8, 2016. The total value of transaction was $60,714. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

WABCO Holdings Inc. is a global supplier of electronic, mechanical and mechatronic products. The Company develops, manufactures and sells control systems, including advanced braking, stability, suspension, transmission automation, air compression and processing. Its product groups include actuator, air compressor and air processing/air management system, foundation brake, anti-lock braking system (ABS), conventional braking system, electronic braking system (EBS), electronic and conventional air suspension systems, transmission automation, vehicle electronic architecture, vehicle electronic stability control and roll stability support. Its solutions include TX-TRAILERGUARD fleet management solution, mBSP modular braking system platform, OptiPace, OptiFlow Tail solution, OnGuardPLUS AEBS and OnGuardPLUS, among others. It sells its products to truck and bus original equipment manufacturers (OEMs), trailer OEMs, commercial vehicle aftermarket distributors and car manufacturers.

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