Large Inflow of Money Witnessed in ProLogis

ProLogis (PLD): $7.37 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.41. The value of trades done on upticks was $25.32 million, whereas, trades done on downticks were valued at $17.95 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $15.78 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $7.94 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 1.99 was strongly in favor of the bulls. The money flow in block trades was $7.84 million. ProLogis (PLD) fell $0.62 traded at $48.75, a change of -1.26% over the previous day. The stock is 0.02% for the week.


ProLogis (PLD) : Currently there are 15 street experts covering ProLogis (PLD) stock. The most bullish and bearish price target for the stock is $55 and $43 respectively for the short term. The average price target of all the analysts comes to $49.33. The estimated standard deviation from the target is $3.15. The stock has recorded a 20-day Moving Average of 1.21% and the 50-Day Moving Average is 2.18%.

ProLogis (NYSE:PLD): The stock opened at $49.29 on Thursday but the bulls could not build on the opening and the stock topped out at $49.36 for the day. The stock traded down to $48.46 during the day, due to lack of any buying support eventually closed down at $48.75 with a loss of -1.26% for the day. The stock had closed at $49.37 on the previous day. The total traded volume was 2,209,384 shares.

Prologis, Inc. is engaged in industrial logistics real estate, focused on markets across the Americas, Europe and Asia. The Company leases modern distribution facilities to more than 4,700 customers, including third-party logistics providers, transportation companies, retailers and manufacturers. The Companys business consists of two operating segments: Real Estate Operations and Strategic Capital. The Companys customer base represents a spectrum of international, national, regional and local distribution users. As of December 31, 2014, the Company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 590 million square feet (55 million square meters) in 21 countries.

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