Shares of Ball Corporation (BLL) Sees Large Inflow of Net Money Flow

Ball Corporation (BLL) : The money flow analysis of Ball Corporation (BLL) indicates a $26.87 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $39.67 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.48 and so was the total money flow at $12.8 million. A solid up-down ratio of 14.99 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $16.14 million worth of block trades on upticks. Only $1.08 million worth of the stock exchanged hands on downticks. The money flow was $15.06 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 Ball Corporation (BLL), pushing it down by -0.14% for the day. The stock slid $0.1 and traded at $69.93 during the day. Nonetheless, the stock is -2.36% over the previous weeks close.


Ball Corporation has dropped 6.13% during the last 3-month period . Year-to-Date the stock performance stands at -3.49%. Ball Corporation has lost 2.47% in the last five trading days and dropped 2.69% in the last 4 weeks. In a related news,The officer (SVP & COO Global MF & HHP Pkg) of Ball Corp, Peterson James N sold 2,000 shares at $72.55 on May 12, 2016. The Insider selling transaction had a total value worth of $145,100. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Ball Corporation (NYSE:BLL): On Mondays trading session , Opening price of the stock was $69.89 with an intraday high of $69.99. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $68.68. However, the stock managed to close at $69.93, a loss of 0.14% for the day. On the previous day, the stock had closed at $70.03. The total traded volume of the day was 2,807,891 shares.

Ball Corporation (Ball) is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company operates in four segments. The metal beverage packaging, Americas and Asia segment consists of operations in the United States, Canada, Brazil and the PRC, which manufacture aluminum containers used in beverage packaging. . The metal beverage packaging, Europe segment consists of operations in Europe, which manufacture and sell metal beverage containers. The metal food and household products packaging segment consists of operations in the United States, Europe, Canada, Mexico and Argentina that manufacture and sell metal food, aerosol, paint, general line and extruded aluminum containers, decorative specialty containers and aluminum slugs. The aerospace and technologies segment consists of the manufacture and sale of aerospace and other related products and services provided for the defense, civil space and commercial space industries.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.