Large Outflow of Money Witnessed in Colgate-Palmolive Company

Colgate-Palmolive Company (CL) : Net money flow in Colgate-Palmolive Company (CL) was negative ($5.53 million) and the inflow of money on uptick was $22.99 million, whereas, the outflow of money on downticks amounted to $28.52 million on Wednesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.81. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $2.81 million. The money flow in block trades was negative ($2.81). Colgate-Palmolive Company (CL) gained $0.14 cent during the day and reached $73.6, a gain of 0.19% over the previous day.

Colgate-Palmolive

Shares of Colgate-Palmolive Co. appreciated by 0.82% during the last five trading days but lost 1.62% on a 4-week basis. Colgate-Palmolive Co. is up 2.96% in the last 3-month period. Year-to-Date the stock performance stands at 12.35%.

Colgate-Palmolive Company (CL) : 1 brokerage houses believe that Colgate-Palmolive Company (CL) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 12 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Colgate-Palmolive Company (CL). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 14 Wall Street Analysts endorse the stock as a Hold with a rating of 2.79.

Colgate-Palmolive Company (NYSE:CL): The stock opened at $73.86 and touched an intraday high of $73.95 on Wednesday. During the day, the stock corrected to an intraday low of $72.99, however, the bulls stepped in and pushed the price higher to close in the green at $73.6 with a gain of 0.19% for the day. The total traded volume for the day was 2,684,990. The stock had closed at $73.46 in the previous trading session.

Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in more than 200 countries and territories throughout the world. The Company operates in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through five geographic segments: North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia. The Companys oral care products include Colgate Total; Colgate Sensitive Pro-Relief; Colgate Max Fresh; Colgate Optic White and Colgate Luminous White toothpastes, among others. The Company sells its personal care products under the Palmolive, Protex and Softsoap brands. The Company, through its Hills Pet Nutrition segment (Hills), manufactures pet nutrition products for dogs and cats.

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