Shares of Ingredion Incorporated (INGR) Sees Large Outflow of Money

Ingredion Incorporated (INGR) : The total money flow in Ingredion Incorporated (INGR) was negative ($6.42 million), showing the domination of sellers in the Thursday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $17.88 million. Transactions on upticks were comparatively lower at $11.46 million. The uptick to downtick ratio was 0.64. The total block trades done on upticks were valued at $3.27 million. The total block trades on downticks were valued at $10.44 million. The uptick to the downtick ratio of block trades was 0.31. The money flow during block trades was negative ($7.18 million) when the stock traded with a gain of $59 cent. Ingredion Incorporated (INGR) was $130.88, an increase of 0.45% over the previous days close.


The stock has recorded a 20-day Moving Average of 3.3% and the 50-Day Moving Average is 7.57%. Shares have rallied 61.36% from its 1 Year high price. On Jul 7, 2016, the shares registered one year high at $133.20 and the one year low was seen on Jul 28, 2015. The 50-Day Moving Average price is $123.27 and the 200 Day Moving Average price is recorded at $108.90.

Ingredion Incorporated (NYSE:INGR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $130.05 and $130.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $131.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $130.90, notching a gain of 0.47% for the day. The total traded volume was 409,567 . The stock had closed at $130.29 on the previous day.

In an insider trading activity,The officer (Ex VP Global Spec & Pres Amer) of Ingredion Inc, Zallie James P. sold 16,900 shares at $132 on July 6, 2016. The Insider selling transaction had a total value worth of $2,230,800. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Ingredion Incorporated is a manufacturer and supplier of starch and sweetener ingredients to a range of industries, including packaged food, beverage, brewing, industrial, pharmaceutical and personal care customers. The Company operates in four business segments: North America, South America, Asia Pacific and EMEA. North America segment consists of operations in the United States, Canada and Mexico and produces a range of both sweeteners and starches. South America segment includes 11 plants that produce regular, modified, waxy and tapioca starches, fructose and maltose syrups and syrup solids, dextrins and maltodextrins, dextrose, specialty starches, caramel color, sorbitol and vegetable adhesives. Asia Pacific segment manufactures corn-based products in South Korea, Australia and China and tapioca-based products in Thailand. EMEA segment includes five plants that produce modified and specialty starches, glucose and dextrose in England, Germany and Pakistan.

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