Shares of Colgate-Palmolive Company (CL) Sees Large Inflow of Net Money Flow

Colgate-Palmolive Company (CL) : $54.56 million worth of transactions were on upticks in Colgate-Palmolive Company (CL), compared to $25.98 million on downticks. The ratio between the two was 2.1, whereas, the net money flow stood at a healthy $28.58 million on Fridays session.The block trades show a bullish bias with only $1.86 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $30.63million worth of trades. The up-down ratio between the uptick and downtick was 16.49, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $28.77 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.09%. The stock was trading at $74.27, with a drop of $0.07 over the previous days close. The stock recorded -0.27% for the week.


The company Insiders own 1.05% of Colgate-Palmolive Company shares according to the proxy statements. Institutional Investors own 73.37% of Colgate-Palmolive Company shares.

In a related news, The Securities and Exchange Commission has divulged that Verduin Patricia, officer (Chief Technology Officer) of Colgate Palmolive Co, had unloaded 3,674 shares at an average price of $75 in a transaction dated on August 15, 2016. The total value of the transaction was worth $275,550.

Colgate-Palmolive Company (NYSE:CL): The stock opened at $74.61 and touched an intraday high of $75.35 on Friday. During the day, the stock corrected to an intraday low of $74.59, however, the bulls stepped in and pushed the price higher to close in the green at $74.89 with a gain of 0.83% for the day. The total traded volume for the day was 2,981,344. The stock had closed at $74.27 in the previous trading session.

Colgate-Palmolive Company (CL) : Traders are bullish on Colgate-Palmolive Company (CL) as it has outperformed the S&P 500 by a wide margin of 0.55% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.06%, 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 0.56% in the last 1 week, and is up 0.42% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in more than 200 countries and territories throughout the world. The Company operates in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through five geographic segments: North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia. The Companys oral care products include Colgate Total; Colgate Sensitive Pro-Relief; Colgate Max Fresh; Colgate Optic White and Colgate Luminous White toothpastes, among others. The Company sells its personal care products under the Palmolive, Protex and Softsoap brands. The Company, through its Hills Pet Nutrition segment (Hills), manufactures pet nutrition products for dogs and cats.

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