Shares of E.I. du Pont de Nemours and Company (DD) Sees Large Outflow of Money

E.I. du Pont de Nemours and Company (DD) : Thursdays money flow analysis of E.I. du Pont de Nemours and Company (DD) 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 $43.87 million. In comparison, the inflow of money on upticks was a meager $38.58 million. The dollar value of composite uptick trades minus the downtick trades was negative $5.29 million. The uptick to downtick ratio of 0.88 in the money flow shows weakness. The uptick block trades were valued at $6.68 million. The downtick transaction value was high at $11.55 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.58. Hence, the net money flow in the stock was negative ($4.87 million). E.I. du Pont de Nemours and Company (DD) gained $0.07 at $61.92, a change of 0.11% over the previous days close.


E.I. du Pont de Nemours and Company (DD) : The consensus price target for E.I. du Pont de Nemours and Company (DD) is $70.78 for the short term with a standard deviation of $5.95. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $80, however, the pessimist price target for the company is $64. The stock has recorded a 20-day Moving Average of 6.15% and the 50-Day Moving Average is 5.98%.

E.I. du Pont de Nemours and Company (NYSE:DD): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $61.91 and $61.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $62.85. The buying momentum continued till the end and the stock did not give up its gains. It closed at $61.92, notching a gain of 0.11% for the day. The total traded volume was 3,445,223 . The stock had closed at $61.85 on the previous day.

E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Companys subsidiaries and affiliates conduct manufacturing, seed production or selling activities and distribute products manufactured by the Company. The Companys segments include Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. The Companys other business operations include various embryonic businesses, such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields, including biology, chemistry, engineering and materials science. The Companys brands include Pioneer, DuPont Teflon, Capstone, Opteon yf, Isceon, Suva, Vazo, Vertrel, Virkon, Viton, Zyron and Bynel coextrudable adhesive resins, Elvax EVA resins, DuPont Kevlar, Nomex and Tyvek.

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