Shares of Campbell Soup Company (CPB) Sees Large Outflow of Money

Campbell Soup Company (CPB) : The total money flow in Campbell Soup Company (CPB) was negative ($2.5 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $7.87 million. In comparison, the inflow of money into the stock on upticks was $5.38 million. The uptick to downtick ratio was 0.68. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $1.64 million. The negative money flow of ($1.64 million) confirms the selling in Campbell Soup Company (CPB) on strength. Campbell Soup Company (CPB) gained $0.01 at $66.73, a gain of 0.01% over the previous days close. However, the stock registered -0.55% in the week.


The stock has recorded a 20-day Moving Average of 3.49% and the 50-Day Moving Average is 5.38%. Shares have rallied 38.60% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $67.89 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $62.93 and the 200 Day Moving Average price is recorded at $60.83.

Campbell Soup Company (NYSE:CPB): The stock opened at $66.59 on Thursday but the bulls could not build on the opening and the stock topped out at $67.00 for the day. The stock traded down to $66.38 during the day, due to lack of any buying support eventually closed down at $66.53 with a loss of -0.28% for the day. The stock had closed at $66.72 on the previous day. The total traded volume was 1,122,321 shares.

In an insider trading activity,The officer (Senior Vice President) of Campbell Soup Co, Carolan Edward sold 5,000 shares at $61.93 on March 4, 2016. The Insider selling transaction had a total value worth of $309,650. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Campbell Soup Company manufactures and markets food products. The Companys segments include U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages, and Bolthouse and Foodservice. Its U.S. Simple Meals segment includes various products, such as Campbells condensed and ready-to-serve soups; Prego pasta sauces, and Pace Mexican sauces. Its Global Baking and Snacking segment includes Pepperidge Farm cookies, crackers, bakery and frozen products in the United States retail. Its International Simple Meals and Beverages segment includes retail business in Canada. Its U.S. Beverages segment includes various products, such as V8 juices and beverages, and Campbells tomato juice. Its Bolthouse and Foodservice segment comprises the Bolthouse Farms carrot products operating segment, including fresh carrots, juice concentrate and fiber. Its brands include Arnotts, Bolthouse Farms, Campbells, Garden Fresh Gourmet, Goldfish, Kjeldsens and Pace.

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.