Large Outflow of Money Witnessed in Martin Marietta Materials

Martin Marietta Materials (MLM) : The total money flow in Martin Marietta Materials (MLM) was negative ($1.78 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $13.06 million. In comparison, the inflow of money into the stock on upticks was $11.29 million. The uptick to downtick ratio was 0.86. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $0 million. The negative money flow of ($0 million) confirms the selling in Martin Marietta Materials (MLM) on strength. Martin Marietta Materials (MLM) gained $0.01 at $183.59, a gain of 0.01% over the previous days close. However, the stock registered 1.27% in the week.


Shares of Martin Marietta Materials, Inc. appreciated by 3.46% during the last five trading days but lost 2.16% on a 4-week basis. Martin Marietta Materials, Inc. is up 0.16% in the last 3-month period. Year-to-Date the stock performance stands at 36.49%.

Martin Marietta Materials (MLM) : Zacks Investment Research ranks Martin Marietta Materials (MLM) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.2, which indicates as a Buy.

Martin Marietta Materials (NYSE:MLM): The stock opened at $184.34 and touched an intraday high of $186 on Wednesday. During the day, the stock corrected to an intraday low of $182.62, however, the bulls stepped in and pushed the price higher to close in the green at $185.1 with a gain of 0.83% for the day. The total traded volume for the day was 517,861. The stock had closed at $183.58 in the previous trading session.

Martin Marietta Materials, Inc. is a supplier of aggregates products (crushed stone, sand, and gravel) and heavy building materials (cement) for the construction industry, including infrastructure, non-residential, residential, railroad ballast, agricultural and chemical grade stone used in environmental applications. The Company operates through three businesses: Aggregates Business, Cement Business and Magnesia Specialties Business. The Companys Aggregates Business is engaged in mining, processing and selling granite, limestone, sand, gravel and other aggregate products. The Companys Cement Business is engaged in producing Portland and specialty cements, such as masonry and oil well cements. The Companys Magnesia Specialties Business includes magnesia-based chemicals and dolomitic lime businesses.

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