Large Inflow of Money Detected in Johnson & Johnson

Johnson & Johnson (JNJ) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $75.91 million worth of transactions were on upticks, whereas, the downticks accounted for $63.5 million worth of transactions. The net money flow was a positive $12.41 million and the uptick to downtick ratio was 1.2. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 12.21 in their favor. The net money flow into the stock was $20.8 million. The value of block trades done on downticks was only $1.85 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $22.65 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Johnson & Johnson (JNJ) was trading at $122.97, down $0.03 during day. The stock slid -0.02% over the previous days close. For the week, the stock recorded 0.1% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 3.23% and the 50-Day Moving Average is 6.22%. Shares have rallied 22.60% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $123.45 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $116.90 and the 200 Day Moving Average price is recorded at $109.11.

Johnson & Johnson (NYSE:JNJ): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $122.98 and $122.91 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $123.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $123.18, notching a gain of 0.15% for the day. The total traded volume was 5,322,718 . The stock had closed at $123.00 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Pruden Gary J, officer (Exec VP, WW Chair, Med Devices) of Johnson & Johnson, had unloaded 9,735 shares at an average price of $116.03 in a transaction dated on June 7, 2016. The total value of the transaction was worth $1,129,552.

Johnson & Johnson is a holding company. The Company is engaged in the research and development, manufacture and sale of a range of products in the health care field. The Company has more than 265 operating companies conducting business around the world. The Companys primary focus is products related to human health and well-being. The Company is organized into three business segments: Consumer, Pharmaceutical and Medical Devices. The Companys subsidiaries operate 134 manufacturing facilities occupying approximately 21.5 million square feet of floor space. The Companys research facilities are located in the United States, Belgium, Brazil, Canada, China, France, Germany, India, Israel, Japan, the Netherlands, Singapore, Switzerland and the United Kingdom.

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