Large Outflow of Money Witnessed in United Technologies Corporation

United Technologies Corporation (NYSE:UTX) traded higher in the last at $101.34, gaining 0.22 points or 0.22%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-111.41) million. The composite uptick value of $36.81 million was eclipsed by the accrued downtick value of $148.23 million, thereby ensuring the up/down ratio of 0.25. For the week, the shares have posted returns of -0.65%.A block trade registered during the day has revealed $1.51 million in upticks and $115.11 million in downticks. The up/down ratio in this case turned out to be 0.01. The net money flow for the block trade was $(-113.6) million.

United Technologies Corporation has dropped 0.78% in the last five trading days, however, the shares have posted positive gains of 1.92% in the last 4 weeks. United Technologies Corporation is up 2.85% in the last 3-month period. Year-to-Date the stock performance stands at 6.83%.

Currently the company Insiders own 0.15% of United Technologies Corporation shares according to the proxy statements. Institutional Investors own 84.27% of United Technologies Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 979.59%. . On the companys insider trading activities,The officer (Executive VP & General Counsel) of United Technologies Corp /De/, Gill Charles D sold 8,958 shares at $102.04 on June 8, 2016. The Insider selling transaction had a total value worth of $914,074. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

United Technologies Corporation (NYSE:UTX) rose 0.08% or 0.08 points on Friday and made its way into the gainers of the day. After trading began at $100.85 the stock was seen hitting $101.69 as a peak level and $100.33 as the lowest level. The stock ended up at $101.2. The daily volume was measured at 5,691,890 shares. The 52-week high of the share price is $116.56 and the 52-week low is $83.39. The company has a market cap of $84,691 million.

United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries across the world. The Company operates through five segments: Otis; UTC Climate, Controls & Security; Pratt & Whitney; UTC Aerospace Systems and Sikorsky. Otis designs, manufactures, sells and installs a range of passenger and freight elevators for low-, medium- and high-speed applications, as well as a line of escalators and moving walkways. UTC Climate, Controls & Security is a provider of heating, ventilating, air conditioning (HVAC) and refrigeration solutions. Pratt & Whitney segment supplies aircraft engines for the commercial, military, business jet and general aviation markets. UTC Aerospace Systems is a global provider of technologically advanced aerospace products and aftermarket service solutions. Its Sikorsky segment manufactures military and commercial helicopters and also provides aftermarket helicopter and aircraft parts and services.

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