Large Inflow of Money Detected in Ball Corporation

Ball Corporation (BLL) : Investors lapped up stocks on upticks to the tune of $104.46 million in the Thursdays trading session. The trading value on downticks was comparatively at $24.01 million and the uptick to downtick ratio of 4.35 indicates continuous buying by the bulls. The net money flow into the stock was $80.46 million. The block trades were dominated by the bulls with a healthy 84.79, uptick to downtick ratio. Only $0.93 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $78.71 clearly indicating buying by large investors. The total money flow for block trades stood at $77.78 million, which is a positive for the stock in the long-term. Ball Corporation (BLL) fell $0.03 during the day at $71.3, a drop of -0.04% over the previous days close. However, for the week, the stock is -0.45%, compared to the previous week.


The stock has recorded a 20-day Moving Average of 0% and the 50-Day Moving Average is 0.94%. Shares have rallied 1.51% from its 1 Year high price. On Apr 25, 2016, the shares registered one year high at $76.69 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $72.08 and the 200 Day Moving Average price is recorded at $70.44.

Ball Corporation (NYSE:BLL): The stock opened at $71.62 on Thursday but the bulls could not build on the opening and the stock topped out at $71.62 for the day. The stock traded down to $70.39 during the day, due to lack of any buying support eventually closed down at $71.30 with a loss of -0.04% for the day. The stock had closed at $71.33 on the previous day. The total traded volume was 5,010,345 shares.

In an insider trading activity, The officer (SVP & COO Global MF & HHP Pkg), of Ball Corp, Peterson James N had unloaded 2,000 shares at $72.55 per share in a transaction on May 12, 2016. The total value of transaction was $145,100. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Ball Corporation (Ball) is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company operates in four segments. The metal beverage packaging, Americas and Asia segment consists of operations in the United States, Canada, Brazil and the PRC, which manufacture aluminum containers used in beverage packaging. . The metal beverage packaging, Europe segment consists of operations in Europe, which manufacture and sell metal beverage containers. The metal food and household products packaging segment consists of operations in the United States, Europe, Canada, Mexico and Argentina that manufacture and sell metal food, aerosol, paint, general line and extruded aluminum containers, decorative specialty containers and aluminum slugs. The aerospace and technologies segment consists of the manufacture and sale of aerospace and other related products and services provided for the defense, civil space and commercial space industries.

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