Large Inflow of Money Detected in Stryker Corporation

Stryker Corporation (SYK) : Stryker Corporation (SYK) had a healthy money flow of $14.21 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $43.08 million, whereas, investors only sold shares worth $28.87 million on downticks. The stock closed the day with an up-down ratio of 1.49.The money flow in the block trades to the tune of $16.7 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $16.7 million worth of transactions were on upticks. Stryker Corporation (SYK) stock slid $0.21 intraday and traded at 122.3, a change of -0.17% over previous days close. However, for the week, the company shares are 0.01% compared to previous weeks close.


The stock has recorded a 20-day Moving Average of 3.32% and the 50-Day Moving Average is 7.07%. Shares have rallied 24.82% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $123.10 and the one year low was seen on Jan 11, 2016. The 50-Day Moving Average price is $115.64 and the 200 Day Moving Average price is recorded at $105.73.

Stryker Corporation (NYSE:SYK): The stock opened at $123.28 on Thursday but the bulls could not build on the opening and the stock topped out at $123.41 for the day. The stock traded down to $122.19 during the day, due to lack of any buying support eventually closed down at $122.30 with a loss of -0.17% for the day. The stock had closed at $122.51 on the previous day. The total traded volume was 1,277,737 shares.

In an insider trading activity, The officer (VP, Strategy and IR), of Stryker Corp, Owen Katherine Ann had unloaded 6,674 shares at $121.21 per share in a transaction on July 5, 2016. The total value of transaction was $808,956. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Stryker Corporation is a medical technology company. The Company offers a range of products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine, which help improve patient and hospital outcomes.

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