Large Outflow of Money Witnessed in Rogers Corporation

Rogers Corporation (ROG) : Net money flow in Rogers Corporation (ROG) was negative ($5.41 million) and the inflow of money on uptick was $4.44 million, whereas, the outflow of money on downticks amounted to $9.85 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.45. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $0.68 million. On the other hand, the total value of block trades done on downticks was $6.41 million. The ratio of uptick to downtick block trades was 0.11. The money flow in block trades was negative ($5.73). Rogers Corporation (ROG) gained $1.61 cent during the day and reached $67.99, a gain of 2.43% over the previous day.


Rogers Corporation is up 14.88% in the last 3-month period. Year-to-Date the stock performance stands at 31.86%. Shares of Rogers Corporation rose by 6.17% in the last five trading days and 7.68% for the last 4 weeks. In a related news, The director, of Rogers Corp, Jensen Carol R had unloaded 1,400 shares at $63.07 per share in a transaction on May 23, 2016. The total value of transaction was $88,298. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Rogers Corporation (NYSE:ROG): stock turned positive on Monday. Though the stock opened at $66.62, the bulls momentum made the stock top out at $68.78 level for the day. The stock recorded a low of $66.37 and closed the trading day at $68, in the green by 2.44%. The total traded volume for the day was 356,817. The stock had closed at $66.38 in the previous days trading.

Rogers Corporation is a supplier of specialty materials products. The Company supplies products across a range of end markets, including portable communications, communications infrastructure, consumer electronics, mass transit, automotive, defense and clean technology. The Company operates through segments: Printed Circuit Materials (PCM), High Performance Foams (HPF), Power Electronics Solutions (PES) and Others. The Printed Circuit Materials segment includes printed circuit board laminate products for high frequency and high performance applications. The High Performance Foams segment includes polyurethane and silicone foam, as well as solid products manufactured in roll stock, sheet, and molded formats. The Power Electronics Solutions segment consists of direct bond copper (DBC) ceramic substrate products and busbar power distribution products. The Other segment consists of elastomer components, floats and inverter distribution activities.

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