Large Outflow of Money Witnessed in Oshkosh Corporation

Oshkosh Corporation (OSK) : The total money flow in Oshkosh Corporation (OSK) was negative ($7.7 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $19.23 million. In comparison, the inflow of money into the stock on upticks was $11.53 million. The uptick to downtick ratio was 0.6. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $8.91 million. The value of transactions on uptick was $0.54 million. The negative money flow of ($8.37 million) confirms the selling in Oshkosh Corporation (OSK) on strength. The uptick to downtick ratio of block trades was 0.06. Oshkosh Corporation (OSK) gained $1.03 at $54.45, a gain of 1.93% over the previous days close. However, the stock registered 7.02% in the week.


Oshkosh Corporation has dropped 3.34% in the last five trading days, however, the shares have posted positive gains of 0.37% in the last 4 weeks. Oshkosh Corporation is up 17.69% in the last 3-month period. Year-to-Date the stock performance stands at 41.41%.

Oshkosh Corporation (OSK) has an average broker rating of 1.46, which is interpreted as a Strong Buy, as rated by 13 equity analysts. Nonetheless, 9 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Oshkosh Corporation (NYSE:OSK): The stock opened at $53.93 and touched an intraday high of $54.52 on Wednesday. During the day, the stock corrected to an intraday low of $53.59, however, the bulls stepped in and pushed the price higher to close in the green at $54.45 with a gain of 1.93% for the day. The total traded volume for the day was 1,326,580. The stock had closed at $53.42 in the previous trading session.

Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The companys brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London. The Company operates through four segments: Access equipment, Defense, Fire & emergency and Commercial. The Access equipment segment provides aerial work platforms and telehandlers to position workers and materials at elevated heights. The Defense segment provides supply parts and services and wheeled vehicles. The Fire & Emergency segment manufactures and markets commercial and custom fire vehicles, simulators and emergency vehicles. The Commercial segment manufactures, markets and distributes concrete mixers, portable concrete batch plants, and vehicle and vehicle body components.

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