CSX Corporation (CSX) : CSX Corporation (CSX) had a healthy money flow of $11.52 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $22.76 million, whereas, investors only sold shares worth $11.24 million on downticks. The stock closed the day with an up-down ratio of 2.03.The money flow in the block trades to the tune of $11.01 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $11.72 million worth of transactions were on upticks. A paltry $0.7 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 16.66. CSX Corporation (CSX) stock slid $0.1 intraday and traded at 28.18, a change of -0.35% over previous days close. However, for the week, the company shares are -0.04% compared to previous weeks close.
The company Insiders own 0.36% of CSX Corporation shares according to the proxy statements. Institutional Investors own 68.79% of CSX Corporation shares.
In a related news, Ratcliffe David M, director of Csx Corp, executed a transaction worth $50,137 on September 1, 2015. A total of 1,868 shares were purchased at an average price of $26.84. 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.
CSX Corporation (NYSE:CSX): stock was range-bound between the intraday low of $28.12 and the intraday high of $28.445 after having opened at $28.27 on Fridays session. The stock finally closed in the red at $28.27, a loss of -0.14%. The stock remained in the red for the whole trading day. The total traded volume was 2,972,358 shares. The stock failed to cross $28.445 in Fridays trading. The stocks closing price on Thursday was $28.18.
CSX Corporation (CSX) : During the past 4 weeks, traders have been relatively bearish on CSX Corporation (CSX), hence the stock is down -1.58% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.68% relative to the S&P 500. The 4-week change in the price of the stock is -1.71% and the stock has fallen -0.18% in the past 1 week.
CSX Corporation (CSX), together with its subsidiaries, is a transportation company. The Company provides rail-based transportation services, including traditional rail service and the transport of intermodal containers and trailers. The Company has three lines of business: merchandise business, coal business and the intermodal business. The Companys merchandise business transports aggregates (which include crushed stone, sand and gravel), metal, phosphate, fertilizer, food, consumer (manufactured goods and appliances), agricultural, automotive, paper and chemical products. Its coal business transports domestic coal, coke and iron ore to electricity-generating power plants, steel manufacturers and industrial plants, as well as export coal to deep-water port facilities. Through a network of around 50 terminals, the intermodal business serves markets east of the Mississippi and transports manufactured consumer goods in containers, providing truck-like services for longer shipments.