Large Inflow of Money Detected in Cooper Companies (The)

Cooper Companies (The) (COO) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $0.27 million worth of transactions were on upticks, whereas, the downticks accounted for $0.02 million worth of transactions. The net money flow was a positive $0.25 million and the uptick to downtick ratio was 15.17. The net money flow into the stock was $0.1 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.1 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Cooper Companies (The) (COO) was trading at $178.74, down $0.09 during day. The stock slid -0.05% over the previous days close. For the week, the stock recorded -1.7% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 4.65% and the 50-Day Moving Average is 8.72%. Shares have rallied 2.19% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $183.07 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $167.18 and the 200 Day Moving Average price is recorded at $150.14.

Cooper Companies (The) (NYSE:COO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $179.92 and $177.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $180.43. The buying momentum continued till the end and the stock did not give up its gains. It closed at $178.96, notching a gain of 0.07% for the day. The total traded volume was 223,487 . The stock had closed at $178.83 on the previous day.

In an insider trading activity, Zinberg Stanley Md, Director of COOPER COMPANIES INC, unloaded 10,000 shares at an average price of $170 on June 29, 2016. The total amount of the transaction was worth $1,700,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

The Cooper Companies, Inc. (Cooper), is a global medical device company. The Company operates through two business units, CooperVision, Inc. (CVI) and CooperSurgical, Inc. (CSI). CooperVision is a global manufacturer providing products for contact lens wearers. CooperSurgical focuses on supplying womens health clinicians with products and treatment options to improve the delivery of healthcare to women. CooperSurgical products fall into three main segments based on the point of healthcare delivery: Hospital, Office and Fertility Clinic. CooperVision develops, manufactures and markets a range of monthly, two-week and single-use contact lenses, featuring advanced materials and optics. CooperVision is involved in correcting vision problems such as astigmatism, presbyopia and ocular dryness, and provides innovative contact lens solutions. The CooperVision Companys brands include Biofinity, Avaira and MyDay and CooperSurgical Companys brands include Advincula Arch, SeeClear and Mobius.

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