Large Outflow of Money Witnessed in Ashland

Ashland (NYSE:ASH) had an volatile session and gained 0.07 points till last call. The price was at $114.69, gaining 0.06% till the last intraday data. The total uptick value was $6.49 million while the total downtick value was $15.94 million. The shares saw a net money flow of $(-9.45) million and the up/down ratio stood at 0.41. The stock has seen a change of of -1.43% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-9.07) million. Almost $0 million were received in upticks and approximately $9.07 million were lost in downticks, thereby giving the up/down ratio of 0.

Ashland Inc. has dropped 1.58% in the last five trading days, however, the shares have posted positive gains of 2.65% in the last 4 weeks. Ashland Inc. is up 7.54% in the last 3-month period. Year-to-Date the stock performance stands at 12.35%.

Currently the company Insiders own 0.8% of Ashland shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.89% . Institutional Investors own 91.41% of Ashland shares. During last six month period, the net percent change held by insiders has seen a change of -8.89%. . On the companys insider trading activities, Willis J Kevin, officer (Chief Financial Officer) of Ashland Inc., unloaded 1,183 shares at an average price of $110.99 on May 4, 2016. The total amount of the transaction was worth $131,301, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Ashland (NYSE:ASH) witnessed a decline in the market cap on Friday as its shares dropped 0.09% or 0.1 points. After the session commenced at $114.42, the stock reached the higher end at $114.85 while it hit a low of $113.43. With the volume soaring to 725,899 shares, the last trade was called at $114.52. The company has a 52-week high of $128.36. The company has a market cap of $7,107 million and there are 62,060,722 shares in outstanding. The 52-week low of the share price is $88.3.

Ashland Inc. (Ashland) is a specialty chemical company that provides products, services and solutions to industries. The Companys segments are: Ashland Specialty Ingredients offers products, technologies and resources in key markets including personal and home care, pharmaceutical, food and beverage, coatings, construction, energy and other industries; Ashland Water Technologies is a supplier of specialty chemicals and services to the pulp, paper, mining, food and beverage, power generation, refining, chemical processing, general manufacturing and municipal markets. Ashland Performance Materials helps customers to create substitutes for traditional materials through higher performing, cost-efficient resin and adhesive technologies that improve the manufacturing, fabrication and design process, and Ashland Consumer Markets delivers premium-branded automotive, commercial and industrial lubricants, automotive chemicals and car-care products.

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