Shares of Perrigo Company (PRGO) Sees Large Inflow of Net Money Flow

Perrigo Company (PRGO) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $37.72 million worth of transactions were on upticks, whereas, the downticks accounted for $27.66 million worth of transactions. The net money flow was a positive $10.06 million and the uptick to downtick ratio was 1.36. The net money flow into the stock was $11.38 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $11.38 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Perrigo Company (PRGO) was trading at $92.47, down $2.23 during day. The stock slid -2.35% over the previous days close. For the week, the stock recorded -1.34% over the previous weeks close.


Perrigo Company plc has dropped 28.18% during the last 3-month period . Year-to-Date the stock performance stands at -35.92%. Perrigo Company plc has lost 1.28% in the last five trading days and dropped 6.16% in the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive VP & CFO) of Perrigo Co Plc, Brown Judy L had sold 2,776 shares worth of $350,387 in a transaction dated April 13, 2016. In this transaction, 2,776 shares were sold at $126.22 per share.

Perrigo Company (NYSE:PRGO): On Mondays trading session , Opening price of the stock was $95.01 with an intraday high of $95.06. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $92.33. However, the stock managed to close at $92.47, a loss of 2.35% for the day. On the previous day, the stock had closed at $94.7. The total traded volume of the day was 1,461,387 shares.

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