Large Inflow of Money Detected in Perrigo Company

Perrigo Company (PRGO): $13 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.43. The value of trades done on upticks was $43.28 million, whereas, trades done on downticks were valued at $30.28 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $14.26 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $1.41 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 10.11 was strongly in favor of the bulls. The money flow in block trades was $12.85 million. Perrigo Company (PRGO) fell $1.86 traded at $93.63, a change of -1.95% over the previous day. The stock is -0.11% for the week.


The stock has recorded a 20-day Moving Average of 0.08% and the 50-Day Moving Average is 1.19%. Shares have dropped -49.69% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $198.42 and the one year low was seen on May 13, 2016. The 50-Day Moving Average price is $95.66 and the 200 Day Moving Average price is recorded at $119.33.

Perrigo Company (NYSE:PRGO): The stock opened at $96.32 on Thursday but the bulls could not build on the opening and the stock topped out at $96.58 for the day. The stock traded down to $93.39 during the day, due to lack of any buying support eventually closed down at $93.63 with a loss of -1.95% for the day. The stock had closed at $95.49 on the previous day. The total traded volume was 1,541,609 shares.

In an insider trading activity, Brown Judy L, officer (Executive VP & CFO) of Perrigo Co Plc, unloaded 2,776 shares at an average price of $126.22 on April 13, 2016. The total amount of the transaction was worth $350,387, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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