Bruker Corporation (BRKR) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $2.27 million worth of transactions were on upticks, whereas, the downticks accounted for $1.32 million worth of transactions. The net money flow was a positive $0.95 million and the uptick to downtick ratio was 1.72. The net money flow into the stock was $0.66 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.66 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Bruker Corporation (BRKR) was trading at $22.38, down $0.06 during day. The stock slid -0.27% over the previous days close. For the week, the stock recorded -0.22% over the previous weeks close.
The company Insiders own 35.8% of Bruker Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 0.05% . Institutional Investors own 70.51% of Bruker Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -3.61%.
In a related news, Packer Richard A, director of Bruker Corp, executed a transaction worth $219,700 on August 10, 2016. A total of 10,000 shares were purchased at an average price of $21.97. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Bruker Corporation (NASDAQ:BRKR): stock was range-bound between the intraday low of $22.26 and the intraday high of $22.83 after having opened at $22.52 on Fridays session. The stock finally closed in the red at $22.52, a loss of -0.27%. The stock remained in the red for the whole trading day. The total traded volume was 558,069 shares. The stock failed to cross $22.83 in Fridays trading. The stocks closing price on Thursday was $22.44.
Bruker Corporation (BRKR) has risen sharply, recording gains of 0.95% in the past 4 weeks. However, the stock has corrected -0.22% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.08% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Bruker Corporation is a designer and manufacturer of life science and materials research systems and associated products that address the needs of a range of customers in life science research, pharmaceuticals, applied markets, nanotechnology, cell biology, clinical research, microbiology and in-vitro diagnostics. The Company operates through two segments: Bruker Scientific Instruments (BSI) and Bruker Energy & Supercon Technologies (BEST). BSI is organized into three operating segments: the Bruker BioSpin Group, the Bruker CALID Group and the Bruker Nano Group. BEST designs, manufactures and distributes superconducting materials. The company maintains technical and manufacturing centers in Europe and North America, and it has sales offices located throughout the world.