Shares of Ball Corporation (BLL) Sees Large Outflow of Money

Ball Corporation (BLL) : Net money flow in Ball Corporation (BLL) was negative ($2.24 million) and the inflow of money on uptick was $21.91 million, whereas, the outflow of money on downticks amounted to $24.15 million on Thursday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.91. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $2.98 million. On the other hand, the total value of block trades done on downticks was $4.97 million. The ratio of uptick to downtick block trades was 0.6. The money flow in block trades was negative ($1.99). Ball Corporation (BLL) gained $0.28 cent during the day and reached $70.61, a gain of 0.4% over the previous day.


Ball Corporation (BLL) : The consensus price target for Ball Corporation (BLL) is $83.33 for the short term with a standard deviation of $3.79. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $86, however, the pessimist price target for the company is $79. The stock has recorded a 20-day Moving Average of 1.41% and the 50-Day Moving Average is 1.85%.

Ball Corporation (NYSE:BLL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $70.86 and $70.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $71.66. The buying momentum continued till the end and the stock did not give up its gains. It closed at $70.82, notching a gain of 0.70% for the day. The total traded volume was 2,993,804 . The stock had closed at $70.33 on the previous day.

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.