Large Outflow of Money Witnessed in ABM Industries Incorporated

ABM Industries Incorporated (NYSE:ABM) jumped 0.11 points or 0.3% on strong buying and was last priced at $36.78 per share. The shares saw huge fund flow intraday; a massive $0.03 million made their way in through the upticks but an even bigger $4.68 million made their way out through downticks. As per the last observation, the net money flow stood at $(-4.65) million and the up/down ratio was found to be 0.01. The shares have seen a weekly value change of -1.39% .A block trade was recorded in the company shares with a net money flow of $(-4.66) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $4.66. As can be seen from the data, the block transaction had the up/down ratio of 0.

ABM Industries Incorporated has dropped 2.79% in the last five trading days, however, the shares have posted positive gains of 11.3% in the last 4 weeks. ABM Industries Incorporated is up 14.51% in the last 3-month period. Year-to-Date the stock performance stands at 28.79%.

Currently the company Insiders own 2% of ABM Industries Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.81% . Institutional Investors own 89.86% of ABM Industries Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -11.81%. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Abm Industries Inc /De/, Ferguson Phil had sold 7,000 shares worth of $256,340 in a transaction dated June 15, 2016. In this transaction, 7,000 shares were sold at $36.62 per share.

ABM Industries Incorporated (NYSE:ABM) witnessed a decline in the market cap on Friday as its shares dropped 1.12% or 0.41 points. After the session commenced at $37.07, the stock reached the higher end at $37.19 while it hit a low of $36.07. With the volume soaring to 478,991 shares, the last trade was called at $36.26. The company has a 52-week high of $37.855. The company has a market cap of $2,028 million and there are 55,924,009 shares in outstanding. The 52-week low of the share price is $26.5.

ABM Industries Incorporated (ABM) is a provider of integrated facility solutions. The Company provides end-to-end integrated facilities management services to commercial, governmental, industrial, institutional, residential, and retail client facilities in cities, primarily throughout the United States. ABMs capabilities include facility services, energy solutions, commercial cleaning, maintenance and repair, heating, ventilation, and air conditioning (HVAC), electrical, landscaping, parking and security, through stand-alone or integrated solutions. The Companys onsite businesses consist of Janitorial, Facility Services, Parking and Security segments. Its mobile and on-demand businesses consist of the Building & Energy Solutions segment, and certain unconsolidated affiliates that provide facility solutions, primarily to the U.S. Government, which complement the other operations of the Building & Energy Solutions segment. The Companys new segment, Other, is comprised of Air Serv.

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