Stryker Corporation (SYK) : Investors lapped up stocks on upticks to the tune of $47 million in the Mondays trading session. The trading value on downticks was comparatively at $42.21 million and the uptick to downtick ratio of 1.11 indicates continuous buying by the bulls. The net money flow into the stock was $4.79 million. The block trades were dominated by the bulls with a healthy 2.34, uptick to downtick ratio. Only $6.34 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $14.82 clearly indicating buying by large investors. The total money flow for block trades stood at $8.48 million, which is a positive for the stock in the long-term. Stryker Corporation (SYK) fell $0.46 during the day at $121.62, a drop of -0.38% over the previous days close. However, for the week, the stock is -0.55%, compared to the previous week.
Stryker Corporation is up 10.54% in the last 3-month period. Year-to-Date the stock performance stands at 31.77%. Stryker Corporation has dropped 0.84% in the last five trading days, however, the shares have posted positive gains of 6.46% in the last 4 weeks. In a related news,The director of Stryker Corp, Stryker Ronda E sold 12,000 shares at $122.48 on July 14, 2016. The Insider selling transaction had a total value worth of $1,469,760. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Stryker Corporation (NYSE:SYK): On Mondays trading session , Opening price of the stock was $122.26 with an intraday high of $123. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $120.95. However, the stock managed to close at $121.62, a loss of 0.38% for the day. On the previous day, the stock had closed at $122.08. The total traded volume of the day was 1,727,429 shares.
Stryker Corporation is a medical technology company. The Company offers a range of products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine, which help improve patient and hospital outcomes.