Large Outflow of Money Witnessed in Avery Dennison Corporation

Avery Dennison Corporation (AVY) : The total money flow in Avery Dennison Corporation (AVY) was negative ($0.64 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $0.69 million. In comparison, the inflow of money into the stock on upticks was $0.05 million. The uptick to downtick ratio was 0.07. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $0.1 million. The negative money flow of ($0.1 million) confirms the selling in Avery Dennison Corporation (AVY) on strength. Avery Dennison Corporation (AVY) gained $0.11 at $73.64, a gain of 0.15% over the previous days close. However, the stock registered 0.46% in the week.


Avery Dennison Corporation is up 1.13% in the last 3-month period. Year-to-Date the stock performance stands at 19.11%. Shares of Avery Dennison Corporation appreciated by 1.12% during the last five trading days but lost 2.74% on a 4-week basis. In a related news,The officer (Senior VP, Gen Counsel & Secty) of Avery Dennison Corp, Miller Susan C sold 2,000 shares at $73.31 on July 1, 2016. The Insider selling transaction had a total value worth of $146,620. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Avery Dennison Corporation (NYSE:AVY): stock turned positive on Monday. Though the stock opened at $73.35, the bulls momentum made the stock top out at $74.28 level for the day. The stock recorded a low of $73.2 and closed the trading day at $73.81, in the green by 0.38%. The total traded volume for the day was 671,351. The stock had closed at $73.53 in the previous days trading.

Avery Dennison Corporation is engaged in the production of pressure-sensitive materials and a variety of tickets, tags, labels and other converted products. The Companys pressure-sensitive materials are sold to label printers and converters that convert the materials into labels and other products through embossing, printing, stamping and die-cutting. It also sells pressure-sensitive materials in converted form as tapes and reflective sheeting. The Company also manufactures and sells a variety of other converted products and items not involving pressure-sensitive components, such as fasteners, tickets, tags, radio-frequency identification (RFID) inlays and tags, and imprinting equipment and related services, which it markets to retailers and apparel manufacturers and brand owners. The Companys operational segments include Pressure-sensitive Materials (PSM), Retail Branding and Information Solutions (RBIS), and Vancive Medical Technologies (Vancive).

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *