Large Outflow of Money Witnessed in Mettler-Toledo International

Mettler-Toledo International (MTD) : Money flow in the Mettler-Toledo International (MTD) stock was negative (10.15 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 $23.78 million, compared to $33.94 million on downticks. The total uptick to downtick ratio was 0.7, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($6.3 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $6.3 million, indicating persistent selling. Mettler-Toledo International (MTD) traded $1.65 higher at $404.72 gaining 0.41% over the previous days close.


The company Insiders own 5.6% of Mettler-Toledo International shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -50% . Institutional Investors own 97.47% of Mettler-Toledo International shares. During last six month period, the net percent change held by insiders has seen a change of -50%.

In a related news, The officer (Head of Laboratory), of Mettler Toledo International Inc/, Caratsch Thomas had unloaded 700 shares at $412.5 per share in a transaction on August 26, 2016. The total value of transaction was $288,750. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Mettler-Toledo International (NYSE:MTD): stock was range-bound between the intraday low of $401.55 and the intraday high of $408.89 after having opened at $408.22 on Fridays session. The stock finally closed in the red at $408.22, a loss of -0.78%. The stock remained in the red for the whole trading day. The total traded volume was 5,345,986 shares. The stock failed to cross $408.89 in Fridays trading. The stocks closing price on Thursday was $404.72.

Mettler-Toledo International (MTD) has risen sharply, recording gains of 0.66% in the past 4 weeks. However, the stock has corrected -1.93% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.79% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Mettler-Toledo International Inc. is a supplier of precision instruments and services. The Company is a provider of weighing instruments for use in laboratory, industrial and food retailing applications. The Company is also a provider of analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development, and process analytics instruments used for in-line measurement in production processes. In addition, it is also a supplier of end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. The Company operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The Companys products include laboratory instruments, industrial instruments and retail weighing solutions. The Companys manufacturing facilities are located in China, Switzerland, the United States, Germany and the United Kingdom.

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