Large Outflow of Money Witnessed in Oshkosh Corporation

Oshkosh Corporation (OSK) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (10.04 million) in Oshkosh Corporation (OSK). On Friday, The value of composite uptick trades was $9.01 million, whereas, the value of composite downtick trades was $19.05 million and the ratio between the two was 0.47, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $13.19 million. $2.54 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.19. The negative money flow of ($10.65 million) shows selling on strength. Oshkosh Corporation (OSK) gained $0.77 intraday at $54.78 and registrered 1.43% for the week.


The company Insiders own 3.1% of Oshkosh Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -27.99% . Institutional Investors own 96.17% of Oshkosh Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -27.99%.

In a related news, Radue Mark M, officer (Senior VP Business Development) of Oshkosh Corp, unloaded 3,133 shares at an average price of $54.37 on August 30, 2016. The total amount of the transaction was worth $170,341, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Oshkosh Corporation (NYSE:OSK): The stock opened at $54.59 and touched an intraday high of $54.89 on Friday. During the day, the stock corrected to an intraday low of $54.3, however, the bulls stepped in and pushed the price higher to close in the green at $54.78 with a gain of 1.43% for the day. The total traded volume for the day was 938,504. The stock had closed at $54.01 in the previous trading session.

Oshkosh Corporation (OSK) : Traders are bullish on Oshkosh Corporation (OSK) as it has outperformed the S&P 500 by a wide margin of 1.88% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.12%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.62% in the last 1 week, and is up 1.75% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The companys brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London. The Company operates through four segments: Access equipment, Defense, Fire & emergency and Commercial. The Access equipment segment provides aerial work platforms and telehandlers to position workers and materials at elevated heights. The Defense segment provides supply parts and services and wheeled vehicles. The Fire & Emergency segment manufactures and markets commercial and custom fire vehicles, simulators and emergency vehicles. The Commercial segment manufactures, markets and distributes concrete mixers, portable concrete batch plants, and vehicle and vehicle body components.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *