Large Outflow of Money Witnessed in PolyOne Corporation

PolyOne Corporation (NYSE:POL) managed to eke out gains of 0.32% in intraday trade. The share price increased by 0.12 points to $37.08. Till last observation, the net money flow was recorded at a negative $(-12.34) million. The total inflow of $1.35 million in upticks was completely overshadowed by an outflow of $13.69 million in downticks, giving the up/down ratio a value of 0.1. The shares have seen a change of -1.72% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $0 million and the composite value in downticks was $11.79 million. The resultant up/down ratio for the block exchange was 0. The block trade had a negative money flow of $(-11.79) million.

PolyOne Corporation has dropped 1.62% in the last five trading days, however, the shares have posted positive gains of 3.4% in the last 4 weeks. PolyOne Corporation is up 23.73% in the last 3-month period. Year-to-Date the stock performance stands at 17.36%.

Currently the company Insiders own 1.62% of PolyOne Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -45.98% . Institutional Investors own 95.24% of PolyOne Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -11.91%. . On the companys insider trading activities, The director, of Polyone Corp, Powell William Howard had unloaded 5,881 shares at $36.7 per share in a transaction on May 24, 2016. The total value of transaction was $215,833. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

PolyOne Corporation (NYSE:POL) rose 0.11% or 0.04 points on Friday and made its way into the gainers of the day. After trading began at $37.07 the stock was seen hitting $37.43 as a peak level and $36.83 as the lowest level. The stock ended up at $37. The daily volume was measured at 1,022,718 shares. The 52-week high of the share price is $40.44 and the 52-week low is $22.35. The company has a market cap of $3,110 million.

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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