Eastman Chemical Company (EMN) : The total money flow in Eastman Chemical Company (EMN) was negative ($0.91 million), showing the domination of sellers in the Monday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $1.81 million. Transactions on upticks were comparatively lower at $0.9 million. The uptick to downtick ratio was 0.5. The total block trades on downticks were valued at $0.92 million. The money flow during block trades was negative ($0.92 million) when the stock traded with a gain of $9 cent. Eastman Chemical Company (EMN) was $71.44, an increase of 0.13% over the previous days close.
Eastman Chemical Co. has dropped 3.11% during the last 3-month period . Year-to-Date the stock performance stands at 8.04%. Shares of Eastman Chemical Co. rose by 4.2% in the last five trading days and 0.42% for the last 4 weeks. In a related news,The director officer (Chief Executive Officer) of Eastman Chemical Co, Costa Mark J sold 38,400 shares at $75.21 on May 9, 2016. The Insider selling transaction had a total value worth of $2,888,064. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Eastman Chemical Company (NYSE:EMN): stock turned positive on Monday. Though the stock opened at $71.19, the bulls momentum made the stock top out at $72.15 level for the day. The stock recorded a low of $70.95 and closed the trading day at $72, in the green by 0.91%. The total traded volume for the day was 840,292. The stock had closed at $71.35 in the previous days trading.
Eastman Chemical Company (Eastman) is a specialty chemicals company that produces a range of advanced materials, chemicals and fibers. The Company operates through five segments: Additives & Functional Products (AFP), Adhesives & Plasticizers (A&P), Advanced Materials (AM), Fibers, and Specialty Fluids & Intermediates (SFI). The Company manufactures chemicals for products in the coatings and tires industries in transportation, building and construction, durable goods, and consumables markets in the Additives & Functional Products segment. The Companys A&P segment focuses on producing intermediate chemicals. The Companys the AM segment produces and markets specialty copolyesters, cellulose esters, interlayers. In the Fibers segment, Eastman manufactures and sells Estron acetate tow and Estrobond triacetin plasticizers. The Companys SFI segment offers products, such as acetyl chemical intermediates, olefin derivatives, specialty fluids, and alkylamines.