Large Outflow of Money Witnessed in Balchem Corporation

Balchem Corporation (BCPC) : The value of composite uptick trades was $13.14 million, whereas, the value of composite downtick trades was $16.14 million. The uptick to downtick ratio stood at 0.81 with a negative money flow of ($3) Million during Wednesdays trading session. The block trades money flow was negative ($0 million). The transaction of the trades on downticks amounted to $0 million, which confirms investors selling on the strength of price. Balchem Corporation (BCPC) gained 533 cents at $76.37, an increase of 7.5% over the previous days close.


Shares of Balchem Corp. rose by 11.58% in the last five trading days and 10.58% for the last 4 weeks. Balchem Corp. is up 31.52% in the last 3-month period. Year-to-Date the stock performance stands at 26.15%.

Balchem Corporation (NASDAQ:BCPC): The stock opened at $70.85 and touched an intraday high of $77.9597 on Wednesday. During the day, the stock corrected to an intraday low of $70.06, however, the bulls stepped in and pushed the price higher to close in the green at $76.7 with a gain of 7.97% for the day. The total traded volume for the day was 735,500. The stock had closed at $71.04 in the previous trading session.

Balchem Corporation (Balchem) is engaged in the development, manufacture, distribution and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical and medical sterilization industries. The Company operates in three segments: Specialty Products, SensoryEffects and Animal Nutrition & Health (ANH). The Company sells its products through its own sales force, independent distributors and sales agents. The Specialty Products segment offers Ethylene oxide, canisters and propylene oxide. The SensoryEffects segment provides creamer systems, dairy replacers, powdered fats, nutritional beverage bases, beverages, juice and dairy bases, chocolate systems, ice cream bases and variegates, ready-to-eat cereals, grain-based snacks and cereal-based ingredients. ANH segment provides basic choline chloride, and microencapsulation and chelation technologies-based nutritional products.

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