Large Outflow of Money Witnessed in Scotts Miracle-Gro Company (The)

Scotts Miracle-Gro Company (The) (SMG) : The total money flow in Scotts Miracle-Gro Company (The) (SMG) was negative ($6.24 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $8.81 million. In comparison, the inflow of money into the stock on upticks was $2.57 million. The uptick to downtick ratio was 0.29. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $5.94 million. The negative money flow of ($5.94 million) confirms the selling in Scotts Miracle-Gro Company (The) (SMG) on strength. Scotts Miracle-Gro Company (The) (SMG) gained $0.04 at $74.5, a gain of 0.05% over the previous days close. However, the stock registered 0.54% in the week.


The Scotts Miracle-Gro Company is up 4.02% in the last 3-month period. Year-to-Date the stock performance stands at 17.06%. Shares of The Scotts Miracle-Gro Company rose by 0.11% in the last five trading days and 10.6% for the last 4 weeks. In a related news,The director officer 10% owner (Chairman and CEO) of Scotts Miracle-Gro Co, Hagedorn James sold 44,630 shares at $66.9 on May 12, 2016. The Insider selling transaction had a total value worth of $2,985,747. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Scotts Miracle-Gro Company (The) (NYSE:SMG): stock turned positive on Monday. Though the stock opened at $74.44, the bulls momentum made the stock top out at $74.8 level for the day. The stock recorded a low of $73.691 and closed the trading day at $74.48, in the green by 0.03%. The total traded volume for the day was 355,172. The stock had closed at $74.46 in the previous days trading.

The Scotts Miracle-Gro Company (Scotts Miracle-Gro) is a manufacturer and marketer of branded consumer lawn and gardens products. The Companys segments include Global Consumer, which manufactures and markets consumer lawn and gardens products, including lawn care, Gardening and Landscape and Home Protection, and Scotts LawnService, which provides residential and commercial lawn care, tree and shrub care and limited pest control services in the United States through periodic applications of fertilizer and control products. The Company sells its consumer products primarily to home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers and food and drug stores through both a direct sales force and its network of brokers and distributors. The primary distribution centers for the Companys Global Consumer business internationally are located in the United Kingdom, France, Germany, Austria and Australia.

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