Large Outflow of Money Witnessed in CRH PLC

CRH PLC (CRH) : Money flow in the CRH PLC (CRH) stock was negative (16.27 million) on Friday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $3.36 million, compared to $19.63 million on downticks. The total uptick to downtick ratio was 0.17, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($16.42 million), indicating selling on the strength. The transaction value during uptick in block trades was $0.39 million. Downtick transaction value in block trades amounted to $16.82 million, indicating persistent selling. The uptick to downtick ratio was 0.02. CRH PLC (CRH) traded $0.07 higher at $33.89 gaining 0.21% over the previous days close.


Institutional Investors own 7.6% of CRH PLC shares.

CRH PLC (NYSE:CRH): The stock opened at $33.89 and touched an intraday high of $34.055 on Friday. During the day, the stock corrected to an intraday low of $33.6775, however, the bulls stepped in and pushed the price higher to close in the green at $33.89 with a gain of 0.21% for the day. The total traded volume for the day was 1,248,441. The stock had closed at $33.82 in the previous trading session.

CRH PLC (CRH) : Traders are bullish on CRH PLC (CRH) as it has outperformed the S&P 500 by a wide margin of 11.74% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.44%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.96% in the last 1 week, and is up 11.59% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

CRH PLC is a building materials company. The Company manufactures and supplies a range of building materials and products ranging from the fundamentals of heavy materials and elements to construct the frame. As of December 31, 2013, the Company operated in approximately 34 countries in North America, Europe, and Asia. The Company operates in six segments: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products and Americas Distribution. The Companys products are used across various sectors, including in the residential, non-residential and infrastructure sectors. The Company has a 26% stake in associate Yatai Building Materials, which is engaged in building materials in Northeast China. In India, it has a 50% joint venture with My Home Industries Limited in southern state of Andhra Pradesh.

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