Shares of 3M Company (MMM) Sees Large Inflow of Net Money Flow

3M Company (MMM) : The money flow analysis of 3M Company (MMM) indicates a $44.17 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $63.36 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.43 and so was the total money flow at $19.19 million. A solid up-down ratio of 3.59 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $22.91 million worth of block trades on upticks. Only $6.38 million worth of the stock exchanged hands on downticks. The money flow was $16.53 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of 3M Company (MMM), pushing it down by -0.16% for the day. The stock slid $0.29 and traded at $181.11 during the day. Nonetheless, the stock is 2.25% over the previous weeks close.


3M Company is up 7.53% in the last 3-month period. Year-to-Date the stock performance stands at 21.9%. Shares of 3M Company rose by 1.74% in the last five trading days and 6.58% for the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior Vice President) of 3m Co, Singh Jesse G had sold 35,078 shares worth of $5,961,155 in a transaction dated May 12, 2016. In this transaction, 35,078 shares were sold at $169.94 per share.

3M Company (NYSE:MMM): On Mondays trading session , Opening price of the stock was $181.44 with an intraday high of $181.7. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $180.75. However, the stock managed to close at $181.11, a loss of 0.16% for the day. On the previous day, the stock had closed at $181.4. The total traded volume of the day was 1,224,381 shares.

3M Company is a diversified technology company. The Company operates in five business segments: Industrial, which serves a range of markets, such as automotive original equipment manufacturer (OEM) and automotive aftermarket, electronics, appliance, paper and printing, packaging, food and beverage, and construction; Safety and Graphics, which serves a range of markets for the safety, security and productivity of people, facilities and systems; Electronics and Energy, which serves customers in electronics and energy markets, including solutions for electronic devices, telecommunications networks, electrical products, power generation and distribution, and infrastructure protection; Health Care, which serves markets that include medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, and health information systems, and Consumer, which serves markets that include consumer retail, office retail, home improvement, building maintenance and other markets.

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