Shares of Avery Dennison Corporation (AVY) Sees Large Outflow of Money

Avery Dennison Corporation (AVY) : The total money flow in Avery Dennison Corporation (AVY) was negative ($1.47 million), showing the domination of sellers in the Thursday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $3.05 million. Transactions on upticks were comparatively lower at $1.58 million. The uptick to downtick ratio was 0.52. The total block trades on downticks were valued at $1.48 million. The money flow during block trades was negative ($1.48 million) when the stock traded with a gain of $31 cent. Avery Dennison Corporation (AVY) was $73.49, an increase of 0.42% over the previous days close.


The stock has recorded a 20-day Moving Average of 0.67% and the 50-Day Moving Average is 1.58%. Shares have rallied 15.73% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $77.38 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $74.59 and the 200 Day Moving Average price is recorded at $69.54.

Avery Dennison Corporation (NYSE:AVY): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.73 and $73.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $74.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $73.36, notching a gain of 0.25% for the day. The total traded volume was 584,177 . The stock had closed at $73.18 on the previous day.

In an insider trading activity,The officer (Senior VP, Gen Counsel & Secty) of Avery Dennison Corp, Miller Susan C sold 2,000 shares at $73.31 on July 1, 2016. The Insider selling transaction had a total value worth of $146,620. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Avery Dennison Corporation is engaged in the production of pressure-sensitive materials and a variety of tickets, tags, labels and other converted products. The Companys pressure-sensitive materials are sold to label printers and converters that convert the materials into labels and other products through embossing, printing, stamping and die-cutting. It also sells pressure-sensitive materials in converted form as tapes and reflective sheeting. The Company also manufactures and sells a variety of other converted products and items not involving pressure-sensitive components, such as fasteners, tickets, tags, radio-frequency identification (RFID) inlays and tags, and imprinting equipment and related services, which it markets to retailers and apparel manufacturers and brand owners. The Companys operational segments include Pressure-sensitive Materials (PSM), Retail Branding and Information Solutions (RBIS), and Vancive Medical Technologies (Vancive).

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