Shares of Colgate-Palmolive Company (CL) Sees Large Outflow of Money

Colgate-Palmolive Company (CL) : The total money flow in Colgate-Palmolive Company (CL) was negative ($3.66 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $30.6 million. In comparison, the inflow of money into the stock on upticks was $26.94 million. The uptick to downtick ratio was 0.88. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $0.92 million. The negative money flow of ($0.92 million) confirms the selling in Colgate-Palmolive Company (CL) on strength. Colgate-Palmolive Company (CL) gained $0.11 at $73.39, a gain of 0.15% over the previous days close. However, the stock registered 0.6% in the week.


Colgate-Palmolive Company (CL) : The highest level Colgate-Palmolive Company (CL) is projected to reach is $82 for the short term and the lowest estimate is at $70. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $73.67 and the possibility the share price can swing is $3.87. The stock has recorded a 20-day Moving Average of 1.94% and the 50-Day Moving Average is 2.68%.

Colgate-Palmolive Company (NYSE:CL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.28 and $73.08 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $73.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $73.40, notching a gain of 0.16% for the day. The total traded volume was 2,782,297 . The stock had closed at $73.28 on the previous day.

Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in more than 200 countries and territories throughout the world. The Company operates in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through five geographic segments: North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia. The Companys oral care products include Colgate Total; Colgate Sensitive Pro-Relief; Colgate Max Fresh; Colgate Optic White and Colgate Luminous White toothpastes, among others. The Company sells its personal care products under the Palmolive, Protex and Softsoap brands. The Company, through its Hills Pet Nutrition segment (Hills), manufactures pet nutrition products for dogs and cats.

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