Large Outflow of Money Witnessed in PolyOne Corporation

PolyOne Corporation (POL) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($0.9 million) and the uptick to downtick ratio was 0.54. The transaction value on upticks was $1.04 million and on downticks, the transaction value was $1.94 million. The transaction value of block trades during downticks was $0.83 million. The money flow was negative ($0.83 million), indicating the traders were booking profit on the price strength. PolyOne Corporation (POL) rose $0.14 at $33.65, during intraday Wednesday , a rise of 0.42% over the previous days close.


Shares of PolyOne Corporation appreciated by 7.02% during the last five trading days but lost 0.98% on a 4-week basis. PolyOne Corporation has dropped 0.95% during the last 3-month period . Year-to-Date the stock performance stands at 9.15%.

PolyOne Corporation (POL) : The consensus on PolyOne Corporation (POL) based on 8 analyst recommendation on the company stock is 1.5, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

PolyOne Corporation (NYSE:POL): The stock opened at $33.79 and touched an intraday high of $34.31 on Wednesday. During the day, the stock corrected to an intraday low of $33.51, however, the bulls stepped in and pushed the price higher to close in the green at $34.28 with a gain of 2.30% for the day. The total traded volume for the day was 722,694. The stock had closed at $33.51 in the previous trading session.

PolyOne Corporation (PolyOne) is a provider of polymer materials, services and solutions. The Company offers specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions, and polymer distribution. The Company operates in five segments: Global Color, Additives and Inks; which provides color and additive concentrates; Global Specialty Engineered Materials, which offers polymer formulations, services and solutions; Designed Structures and Solutions, which provides solutions for engineered polymer structures, rigid barrier packaging and specialty cast acrylics; Performance Products and Solutions segment, consists of the Geon Performance Materials (Geon) and Producer Services business units, and PolyOne Distribution segment distributes engineering and commodity grade resins. It offers ColorMatrix fiber colorant solutions, which provides late-stage color injection in fiber applications utilizing liquid solutions.

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