Large Outflow of Money Witnessed in Pinnacle Foods

Pinnacle Foods (PF) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (5.63 million) in Pinnacle Foods (PF). On Monday, The value of composite uptick trades was $6.02 million, whereas, the value of composite downtick trades was $11.65 million and the ratio between the two was 0.52, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $6.34 million. $0.49 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.08. The negative money flow of ($5.85 million) shows selling on strength. Pinnacle Foods (PF) gained $0.34 intraday at $48.72 and registrered 0.7% for the week.


Pinnacle Foods Inc. is up 8.86% in the last 3-month period. Year-to-Date the stock performance stands at 15.99%. Shares of Pinnacle Foods Inc. rose by 3.12% in the last five trading days and 10.59% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Maggs Michael Kelley, officer (EVP, Secretary, GC) of Pinnacle Foods Inc., had unloaded 5,000 shares at an average price of $46.34 in a transaction dated on July 1, 2016. The total value of the transaction was worth $231,700.

Pinnacle Foods (NYSE:PF): stock turned positive on Monday. Though the stock opened at $48.5, the bulls momentum made the stock top out at $49.04 level for the day. The stock recorded a low of $48.38 and closed the trading day at $48.65, in the green by 0.56%. The total traded volume for the day was 1,374,067. The stock had closed at $48.38 in the previous days trading.

Pinnacle Foods Inc. is a manufacturer, marketer and distributor of food products in North America. The Companys products are sold through supermarkets, grocery wholesalers and distributors, mass merchandisers, super centers, convenience stores, dollar stores, drug stores and warehouse clubs in the United States and Canada, as well as in military channels and foodservice locations. The Company operates through three segments: the Birds Eye Frozen segment, the Duncan Hines Grocery segment and the Specialty Foods segment. The Birds Eye Frozen segment and the Duncan Hines Grocery segment, which collectively represent its North America Retail operations, include Birds Eye, Birds Eye Voila!, Van de Kamps, Mrs. Pauls, Lenders, Celeste, Hungry-Man and Aunt Jemima brands. The Duncan Hines Grocery Segment includes Duncan Hines, Vlasic, Log Cabin, Armour, Brooks and, Nalley brand among others. Specialty Foods Segment consists of Snack Products and Foodservice and Private Label.

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