Large Outflow of Money Witnessed in Genuine Parts Company

Genuine Parts Company (GPC) : The value of composite uptick trades was $8.73 million, whereas, the value of composite downtick trades was $16.76 million. The uptick to downtick ratio stood at 0.52 with a negative money flow of ($8.03) Million during Wednesdays trading session. The block trades money flow was negative ($7.13 million). The transaction of the trades on downticks amounted to $7.13 million, which confirms investors selling on the strength of price. Genuine Parts Company (GPC) gained 33 cents at $100.74, an increase of 0.33% over the previous days close.


Shares of Genuine Parts Company appreciated by 0.81% during the last five trading days but lost 3.51% on a 4-week basis. Genuine Parts Company is up 2.23% in the last 3-month period. Year-to-Date the stock performance stands at 19.71%.

Genuine Parts Company (GPC) : 5 analysts are covering Genuine Parts Company (GPC) and their average rating on the stock is 2.8, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Genuine Parts Company (NYSE:GPC): The stock opened at $100.32 and touched an intraday high of $100.92 on Wednesday. During the day, the stock corrected to an intraday low of $99.96, however, the bulls stepped in and pushed the price higher to close in the green at $100.74 with a gain of 0.33% for the day. The total traded volume for the day was 540,141. The stock had closed at $100.41 in the previous trading session.

Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The Company operates through four segments: Automotive Parts Group, which distributes automotive parts and accessory items; Industrial Parts Group, which distributes industrial replacement parts and related supplies; Office Products Group, which is engaged in the wholesale distribution of a line of office and other business related products, and Electrical/Electronic Materials Group, which distributes materials to more than 20,000 electrical and electronic manufacturers, as well as industrial assembly and specialty wire and cable markets in North America. In 2014, the Companys business was conducted from approximately 2,600 locations throughout the United States, Canada, Mexico, Australia and New Zealand.

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