Large Outflow of Money Witnessed in Lear Corporation

Lear Corporation (LEA) : Net money flow in Lear Corporation (LEA) was negative ($0.71 million) and the inflow of money on uptick was $0.24 million, whereas, the outflow of money on downticks amounted to $0.95 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.25. 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 $0.1 million. The money flow in block trades was negative ($0.1). Lear Corporation (LEA) gained $0.02 cent during the day and reached $111.86, a gain of 0.02% over the previous day.


Lear Corp. is up 3.61% in the last 3-month period. Year-to-Date the stock performance stands at -7.61%. Shares of Lear Corp. appreciated by 5.09% during the last five trading days but lost 0.41% on a 4-week basis. In a related news, Mallett Conrad L Jr, Director of LEAR CORP, unloaded 100 shares at an average price of $100.99 on June 28, 2016. The total amount of the transaction was worth $10,099, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Lear Corporation (NYSE:LEA): stock turned positive on Monday. Though the stock opened at $111.74, the bulls momentum made the stock top out at $113.04 level for the day. The stock recorded a low of $111.53 and closed the trading day at $112.86, in the green by 0.91%. The total traded volume for the day was 415,204. The stock had closed at $111.84 in the previous days trading.

Lear Corporation is engaged in providing automotive seat systems and individual seat component parts. The Company has two segments: seating and electrical. The Company seating segment consists of the design, development, engineering, assembly and delivery of complete seat systems. The Company is also involved in the design, development, engineering and manufacture of all seat components, including seat structures and mechanisms, seat covers and surface materials, such as fabric and leather, seat foam and headrests. The Companys electrical segment consists of the design, development, engineering, manufacture, assembly and supply of electrical distribution systems and components for light vehicles. The Company has manufacturing, engineering and administrative capabilities in about 34 countries with 219 locations. The Company also manufactures junction boxes and electronic control modules, which are connected to the wire harness assemblies.

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