Large Outflow of Money Witnessed in International Paper Company

International Paper Company (IP) : The value of composite uptick trades was $13.36 million, whereas, the value of composite downtick trades was $17.69 million. The uptick to downtick ratio stood at 0.76 with a negative money flow of ($4.33) Million during Mondays trading session. The block trades money flow was negative ($1.77 million). The transaction of the trades on downticks amounted to $1.77 million, which confirms investors selling on the strength of price. International Paper Company (IP) gained 3 cents at $45.5, an increase of 0.07% over the previous days close.

International

International Paper Company is up 9.52% in the last 3-month period. Year-to-Date the stock performance stands at 23.63%. Shares of International Paper Company rose by 5.81% in the last five trading days and 9.11% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Landau Glenn R, officer (SVP & Pres., IP Latin America) of International Paper Co /New/, had unloaded 10,000 shares at an average price of $43.28 in a transaction dated on June 10, 2016. The total value of the transaction was worth $432,800.

International Paper Company (NYSE:IP): stock turned positive on Monday. Though the stock opened at $45.47, the bulls momentum made the stock top out at $45.63 level for the day. The stock recorded a low of $45.11 and closed the trading day at $45.53, in the green by 0.13%. The total traded volume for the day was 2,119,127. The stock had closed at $45.47 in the previous days trading.

International Paper Company is a paper and packaging company with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The Company operates in three segments: Industrial Packaging, Printing Papers and Consumer Packaging. Industrial Packaging segments products include linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft. Printing Papers segment products include uncoated papers, which engage in the business of producing papers for use in copiers, desktop and laser printers and pulp, which manufactures printing, writing and specialty papers, tissue products and filtration products. Consumer Packagings coated paperboard business produces coated paperboard for packaging and commercial printing end uses. Its foodservice business produces cups, lids, food containers and plates. Its brands include Hammermill, Springhill, Accent, Ballet, Rey, Pol, Everest, Fortress and Carolina.

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