Large Outflow of Money Witnessed in Wabco Holdings

Wabco Holdings (WBC) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (1.13 million) in Wabco Holdings (WBC). On Wednesday, The value of composite uptick trades was $0.88 million, whereas, the value of composite downtick trades was $2.02 million and the ratio between the two was 0.44, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $1.66 million. The negative money flow of ($1.66 million) shows selling on strength. Wabco Holdings (WBC) gained $1.38 intraday at $110.91 and registrered 1.26% for the week.


Shares of WABCO Holdings Inc. rose by 3.11% in the last five trading days and 4.9% for the last 4 weeks. WABCO Holdings Inc. is up 25.23% in the last 3-month period. Year-to-Date the stock performance stands at 9.78%.

Wabco Holdings (WBC) : 12 analysts are covering Wabco Holdings (WBC) and their average rating on the stock is 2.08, which is read as a Buy. 5 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. Wabco Holdings (WBC) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Wabco Holdings (NYSE:WBC): The stock opened at $109.99 and touched an intraday high of $112.54 on Wednesday. During the day, the stock corrected to an intraday low of $109.47, however, the bulls stepped in and pushed the price higher to close in the green at $112.26 with a gain of 2.49% for the day. The total traded volume for the day was 496,591. The stock had closed at $109.53 in the previous trading session.

WABCO Holdings Inc. is a global supplier of electronic, mechanical and mechatronic products. The Company develops, manufactures and sells control systems, including advanced braking, stability, suspension, transmission automation, air compression and processing. Its product groups include actuator, air compressor and air processing/air management system, foundation brake, anti-lock braking system (ABS), conventional braking system, electronic braking system (EBS), electronic and conventional air suspension systems, transmission automation, vehicle electronic architecture, vehicle electronic stability control and roll stability support. Its solutions include TX-TRAILERGUARD fleet management solution, mBSP modular braking system platform, OptiPace, OptiFlow Tail solution, OnGuardPLUS AEBS and OnGuardPLUS, among others. It sells its products to truck and bus original equipment manufacturers (OEMs), trailer OEMs, commercial vehicle aftermarket distributors and car manufacturers.

Comments (0)

Leave a Reply

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