Astec Industries (ASTE) : The money flow analysis of Astec Industries (ASTE) indicates a $0.81 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $1.62 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.98 and so was the total money flow at $0.8 million. The bulls lapped up $0 million worth of block trades on upticks. The money flow was $0 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 Astec Industries (ASTE), pushing it down by -0.02% for the day. The stock slid $0.01 and traded at $58.52 during the day. Nonetheless, the stock is -2.42% over the previous weeks close.
The company Insiders own 1.9% of Astec Industries shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -66.73% . Institutional Investors own 80.14% of Astec Industries shares. During last six month period, the net percent change held by insiders has seen a change of -62.22%.
In a related news, Silvious David C, officer (Chief Financial Officer) of Astec Industries Inc, unloaded 1,076 shares at an average price of $59.98 on August 5, 2016. The total amount of the transaction was worth $64,538, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Astec Industries (NASDAQ:ASTE): The stock opened at $58.89 and touched an intraday high of $59.32 on Friday. During the day, the stock corrected to an intraday low of $58.07, however, the bulls stepped in and pushed the price higher to close in the green at $58.87 with a gain of 0.58% for the day. The total traded volume for the day was 128,933. The stock had closed at $58.53 in the previous trading session.
Astec Industries (ASTE) : During the past 4 weeks, traders have been relatively bearish on Astec Industries (ASTE), hence the stock is down -1.95% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.33% relative to the S&P 500. The 4-week change in the price of the stock is -2.08% and the stock has fallen -1.83% in the past 1 week.
Astec Industries, Inc. designs, engineers, manufactures and markets equipment and components used primarily in road building and related construction activities. The Companys products are used in road building, from quarrying and crushing the aggregate to application of the road surface. The Company manufactures certain equipment and components unrelated to road construction, including equipment for the mining, quarrying, construction and demolition industries, and port and rail yard operators; gas and oil drilling rigs; water well and geothermal drilling rigs; industrial heat transfer equipment; whole-tree pulpwood chippers; horizontal grinders, and blower trucks. It also manufactures multiple use plants for cement treated base, roller compacted concrete and ready-mix concrete. The Companys business segments are Infrastructure Group, Aggregate and Mining Group and Energy Group.