Shares of Northern Trust Corporation (NTRS) Sees Large Outflow of Money

Northern Trust Corporation (NTRS) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.75 million) and the uptick to downtick ratio was 0.74. The transaction value on upticks was $4.86 million and on downticks, the transaction value was $6.6 million. The transaction value of block trades during downticks was $1.4 million. The money flow was negative ($1.4 million), indicating the traders were booking profit on the price strength. Northern Trust Corporation (NTRS) rose $0.02 at $63.49, during intraday Thursday , a rise of 0.02% over the previous days close.


Northern Trust Corporation (NTRS) stock is expected to deviate a maximum of $5.34 from the average target price of $72.65 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $83 and the most muted being $64. The stock has recorded a 20-day Moving Average of 6.48% and the 50-Day Moving Average is 9.05%.

Northern Trust Corporation (NASDAQ:NTRS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $62.96 and $62.78 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $64.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $63.52, notching a gain of 0.08% for the day. The total traded volume was 1,426,839 . The stock had closed at $63.47 on the previous day.

Northern Trust Corporation is a financial holding company. The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals around the world. The Companys operating segments include Corporate & Institutional Services (C&IS), Wealth Management and Treasury and Other. The Company has a network of offices in 19 states in the United States, Washington, D.C. and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. Asset Management, through the Companys various subsidiaries, supports the C&IS and Wealth Management segments by providing a range of asset management and related services and other products to customers around the world. The Companys subsidiary is The Northern Trust Company.

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