Large Inflow of Money Detected in International Paper Company

International Paper Company (IP) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $30.3 million worth of transactions were on upticks, whereas, the downticks accounted for $18.22 million worth of transactions. The net money flow was a positive $12.08 million and the uptick to downtick ratio was 1.66. The net money flow into the stock was $8.36 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $8.36 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. International Paper Company (IP) was trading at $44.05, down $0.19 during day. The stock slid -0.43% over the previous days close. For the week, the stock recorded 3.04% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 4.46% and the 50-Day Moving Average is 4.81%. Shares have dropped -9.88% from its 1 Year high price. On Jul 22, 2015, the shares registered one year high at $49.49 and the one year low was seen on Jan 25, 2016. The 50-Day Moving Average price is $42.21 and the 200 Day Moving Average price is recorded at $39.53.

International Paper Company (NYSE:IP): The stock opened at $44.50 on Thursday but the bulls could not build on the opening and the stock topped out at $44.68 for the day. The stock traded down to $43.98 during the day, due to lack of any buying support eventually closed down at $44.05 with a loss of -0.43% for the day. The stock had closed at $44.24 on the previous day. The total traded volume was 3,046,040 shares.

In an insider trading activity, The officer (SVP & Pres., IP Latin America), of International Paper Co /New/, Landau Glenn R had unloaded 10,000 shares at $43.28 per share in a transaction on June 10, 2016. The total value of transaction was $432,800. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

International Paper Company is a paper and packaging company with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The Company operates in three segments: Industrial Packaging, Printing Papers and Consumer Packaging. Industrial Packaging segments products include linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft. Printing Papers segment products include uncoated papers, which engage in the business of producing papers for use in copiers, desktop and laser printers and pulp, which manufactures printing, writing and specialty papers, tissue products and filtration products. Consumer Packagings coated paperboard business produces coated paperboard for packaging and commercial printing end uses. Its foodservice business produces cups, lids, food containers and plates. Its brands include Hammermill, Springhill, Accent, Ballet, Rey, Pol, Everest, Fortress and Carolina.

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