Shares of Caterpillar (CAT) Sees Large Outflow of Money

Caterpillar (CAT) : Thursdays money flow analysis of Caterpillar (CAT) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $109.12 million. In comparison, the inflow of money on upticks was a meager $78.55 million. The dollar value of composite uptick trades minus the downtick trades was negative $30.57 million. The uptick to downtick ratio of 0.72 in the money flow shows weakness. The uptick block trades were valued at $11.97 million. The downtick transaction value was high at $39.78 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.3. Hence, the net money flow in the stock was negative ($27.81 million). Caterpillar (CAT) gained $0.37 at $80.06, a change of 0.46% over the previous days close.


The stock has recorded a 20-day Moving Average of 5.63% and the 50-Day Moving Average is 7.96%. Shares have dropped -6.98% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $84.89 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $74.78 and the 200 Day Moving Average price is recorded at $71.22.

Caterpillar (NYSE:CAT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $80.50 and $79.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $81.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $80.06, notching a gain of 0.46% for the day. The total traded volume was 5,441,707 . The stock had closed at $79.69 on the previous day.

In an insider trading activity, Halverson Bradley M, officer (Group President & CFO) of Caterpillar Inc, unloaded 574 shares at an average price of $72.58 on May 31, 2016. The total amount of the transaction was worth $41,661, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Caterpillar Inc. is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company principally operates through its three product segments: Resource Industries, Construction Industries, and Energy & Transportation. The Company also provides financing and related services through its Financial Products segment. It offers its products under the brand names Caterpillar, CAT, design versions of CAT and Caterpillar, Electro-Motive, FG Wilson, MaK, MWM, Perkins, Progress Rail, SEM and Solar Turbines. It operates parts distribution centers at various locations, including Morton, Illinois; Arvin, California; Denver, Colorado; Miami, Florida; Atlanta, Georgia; St. Paul, Minnesota, and Dubai, United Arab Emirates, among others. Its subsidiaries include Caterpillar Life Insurance Company, Cat Financial and Caterpillar Product Services Corporation (CPSC), among others.

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