Shares of FMC Corporation (FMC) Sees Large Outflow of Money

FMC Corporation (FMC) : The total negative money flow of $2.84 million on Thursday indicates selling on strength. The inflow of money on upticks was $5.39 million, compared to $8.23 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.66. The negative money flow of $2.09 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $0.66 million in a block trade.The transaction value of block trade on downtick was $2.75 million. The uptick to downtick ratio was 0.24. The price action in the FMC Corporation (FMC) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $48.56 with a gain of $0.27 , a change of 0.56% over the previous days close. The stock registered 4.48% for the week.


The stock has recorded a 20-day Moving Average of 4.51% and the 50-Day Moving Average is 3.1%. Shares have dropped -8.80% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $50.95 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $47.46 and the 200 Day Moving Average price is recorded at $41.52.

FMC Corporation (NYSE:FMC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $48.92 and $48.36 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.64, notching a gain of 0.72% for the day. The total traded volume was 1,074,338 . The stock had closed at $48.29 on the previous day.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Exec. VP, General Counsel, Sec) of Fmc Corp, Utecht Andrea E had sold 14,388 shares worth of $700,983 in a transaction dated June 13, 2016. In this transaction, 14,388 shares were sold at $48.72 per share.

FMC Corporation is a diversified chemical company. The Company serves agricultural, consumer and industrial markets with solutions, applications and products around the world. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The Companys FMC Agricultural Solutions segment develops, markets and sells three classes of crop protection chemicals, which include insecticides, herbicides and fungicides. The FMC Health and Nutrition segment focuses on food, pharmaceutical ingredients, nutraceuticals, personal care and similar markets. The pharmaceutical additives are used for binding, encapsulation and disintegrant applications. The Companys FMC Lithium segment manufactures lithium products.

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