Shares of Newell Rubbermaid (NWL) Sees Large Outflow of Money

Newell Rubbermaid (NWL) : The value of composite uptick trades was $3.72 million, whereas, the value of composite downtick trades was $8.01 million. The uptick to downtick ratio stood at 0.46 with a negative money flow of ($4.3) Million during Thursdays trading session. The block trades money flow was negative ($4.34 million).The uptick to the downtick ratio of 0.1 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $0.5 million. The transaction of the trades on downticks amounted to $4.84 million, which confirms investors selling on the strength of price. Newell Rubbermaid (NWL) gained 8 cents at $48.25, an increase of 0.16% over the previous days close.


Newell Rubbermaid (NWL) : 14 investment research analysts covering Newell Rubbermaid (NWL) have an average price target of $55.21 for the near short term. The highest target price given by the Brokerage Firm to the stock is $60 and the lowest target is $50 for the short term. Analysts expect the variance to be within $2.97 of the average price. The stock has recorded a 20-day Moving Average of 0.01% and the 50-Day Moving Average is 1.24%.

Newell Rubbermaid (NYSE:NWL): The stock opened at $48.19 on Thursday but the bulls could not build on the opening and the stock topped out at $48.62 for the day. The stock traded down to $47.68 during the day, due to lack of any buying support eventually closed down at $48.11 with a loss of -0.12% for the day. The stock had closed at $48.17 on the previous day. The total traded volume was 2,793,281 shares.

Newell Rubbermaid Inc. is a marketer of consumer and commercial products. The Company operates in five segments: Writing, which designs, manufactures or sources, and distributes writing instruments and labeling solutions, primarily for use in business and the home; Home Solutions, which designs, manufactures or sources, and distributes a range of consumer products under various brand names; Tools, which designs, manufactures or sources, and distributes hand tools and power tool accessories, industrial bandsaw blades, tools and industrial-labeling solutions; Commercial Products, which designs, manufactures or sources, and distributes cleaning and refuse products, hygiene systems, material handling solutions, and medical and computer carts, and Baby & Parenting, which designs and distributes infant and juvenile products. Its products are marketed under a portfolio of various brands, including Sharpie, Paper Mate, Parker, Calphalon, Irwin, Lenox, Elmers, Graco, Aprica and Baby Jogger.

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