Large Outflow of Money Witnessed in FLIR Systems

FLIR Systems (FLIR): The stock had negative money flow to the tune of ($1.91 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $3.8 million, whereas, the outflow of money on downticks was $5.71 million and the ratio between the two was 0.67. The block trade had a negative net money flow of ($2.1 million). The total block trade value undertaken on upticks was $2.39 million. On the other hand, downticks amounted to $4.49 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.53. FLIR Systems (FLIR) closed with marginal gains of 56 cents to end the day at $32.59, an increase of 1.73% over the previous days close. The stock recorded 2.47% for the week.


FLIR Systems, Inc. has dropped 0.39% during the last 3-month period . Year-to-Date the stock performance stands at 16.97%. Shares of FLIR Systems, Inc. rose by 1.72% in the last five trading days and 4.22% for the last 4 weeks. In a related news, The director, of Flir Systems Inc, Lewis Earl R had unloaded 52,288 shares at $30.99 per share in a transaction on June 3, 2016. The total value of transaction was $1,620,405. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

FLIR Systems (NASDAQ:FLIR): stock turned positive on Monday. Though the stock opened at $32.19, the bulls momentum made the stock top out at $32.7 level for the day. The stock recorded a low of $32.06 and closed the trading day at $32.57, in the green by 1.69%. The total traded volume for the day was 892,143. The stock had closed at $32.03 in the previous days trading.

FLIR Systems, Inc. (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and advanced threat-detection solutions. The Companys operating segments include: Surveillance, Instruments, OEM and Emerging Markets, Maritime, Security and Detection. The Surveillance segment provides enhanced imaging and recognition solutions. The Instruments segments provide devices that image, measure and assess thermal energy, gases and related elements. The OEM and Emerging Markets segment provides thermal imaging camera cores and components. The Maritime segment develops and manufactures electronics and imaging instruments. The Security segment develops and manufactures cameras and video recording systems. The Detection segment offers sensors, instruments and integrated platform solutions for the detection, identification and suppression of chemical and other related threats.

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