Large Outflow of Money Witnessed in PACCAR

PACCAR (PCAR) : Mondays money flow analysis of PACCAR (PCAR) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $21.27 million. In comparison, the inflow of money on upticks was a meager $13.06 million. The dollar value of composite uptick trades minus the downtick trades was negative $8.21 million. The uptick to downtick ratio of 0.61 in the money flow shows weakness. The downtick transaction value was high at $7.98 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($7.98 million). PACCAR (PCAR) gained $0.73 at $54.54, a change of 1.36% over the previous days close.


PACCAR Inc. has dropped 2.06% during the last 3-month period . Year-to-Date the stock performance stands at 16.11%. Shares of PACCAR Inc. rose by 2.91% in the last five trading days and 0.61% for the last 4 weeks. In a related news, Christensen Robert J., CFO of Paccar Inc, had purchased 849 shares on May 4, 2016. The total value of the transaction was $47,128. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

PACCAR (NASDAQ:PCAR): stock turned positive on Monday. Though the stock opened at $53.77, the bulls momentum made the stock top out at $54.73 level for the day. The stock recorded a low of $53.43 and closed the trading day at $54.54, in the green by 1.36%. The total traded volume for the day was 2,422,202. The stock had closed at $53.81 in the previous days trading.

PACCAR Inc is a company operating in three principal industry segments: the Truck segment, includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks; the Parts segment, includes the distribution of aftermarket parts for trucks and related commercial vehicles, and the Financial Services segment, includes finance and leasing products and services provided to customers and dealers in the United States, Canada, Mexico, Europe and Australia. The Company also operates in Australia and Brazil, and sells trucks and parts to customers in Asia, Africa, Middle East and South America. The Companys trucks are marketed under the Kenworth, Peterbilt and DAF nameplates. It also manufactures industrial winches in two plants in the United States.

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