Regal Beloit Corporation (RBC) : Investors lapped up stocks on upticks to the tune of $2.31 million in the Mondays trading session. The trading value on downticks was comparatively at $0.89 million and the uptick to downtick ratio of 2.59 indicates continuous buying by the bulls. The net money flow into the stock was $1.42 million. Upticks saw transactions worth $1.5 clearly indicating buying by large investors. The total money flow for block trades stood at $1.5 million, which is a positive for the stock in the long-term. Regal Beloit Corporation (RBC) fell $0.29 during the day at $59.8, a drop of -0.47% over the previous days close. However, for the week, the stock is 3.15%, compared to the previous week.
Regal Beloit Corporation has dropped 10.57% during the last 3-month period . Year-to-Date the stock performance stands at 2.99%. Shares of Regal Beloit Corporation rose by 2.24% in the last five trading days and 5.45% for the last 4 weeks. In a related news,The officer (VP & Chief Information Officer) of Regal Beloit Corp, Avampato John sold 9,274 shares at $55 on March 1, 2016. The Insider selling transaction had a total value worth of $510,070. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Regal Beloit Corporation (NYSE:RBC): On Mondays trading session , Opening price of the stock was $60.18 with an intraday high of $60.34. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $59.61. However, the stock managed to close at $59.78, a loss of 0.50% for the day. On the previous day, the stock had closed at $60.08. The total traded volume of the day was 468,532 shares.
Regal Beloit Corporation is a global manufacturer electric motors and controls, electric generators and controls, and power transmission products. The Company operates through three segments: Commercial and Industrial Systems segment, which designs, manufactures and sells Fractional, integral and large horsepower motors and controls, electronic variable speed controls and blowers, Solid state and electro-mechanical starters, contactors, relays, variable frequency drives and motors, artificial lift system pumping equipment, Precision stator and rotor kits, Hazardous duty motors and Electric generators; Climate Solutions segment, which designs, manufactures and sells Fractional motors, electronic variable speed controls and blowers, and Power Transmission Solutions segment, which designs, manufactures and markets enclosed gear drives, gearmotors, transmissions and custom open gearing used for motion control within complex equipment and systems.