Shares of Thermo Fisher Scientific Inc (NYSE:TMO) Sees Large Inflow of Net Money Flow

Thermo Fisher Scientific Inc (NYSE:TMO) traded with a cut of -0.84 points or -0.57% at $146.39 per share. As per the last available information, the stock aggregated $55.26 million in upticks and $23.69 million in downticks, keeping the net money flow capped at $31.56 million. The up/down ratio was found to be 2.33. For the week, the shares have seen a change of -3.56% in the share price.A block trade of $31.31 million in upticks and $0 million in downticks also took place during the day. The up/down ratio for the block stood at 0. The net money flow for this transaction was $31.31 million.

Thermo Fisher Scientific, Inc. has lost 3.57% in the last five trading days and dropped 2.48% in the last 4 weeks. Thermo Fisher Scientific, Inc. is up 4.56% in the last 3-month period. Year-to-Date the stock performance stands at 3.31%.

Currently the company Insiders own 0.52% of Thermo Fisher Scientific Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.47% . Institutional Investors own 90.92% of Thermo Fisher Scientific Inc shares. During last six month period, the net percent change held by insiders has seen a change of -8.52%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Shine Daniel P, officer (Senior Vice President) of Thermo Fisher Scientific Inc., had unloaded 6,900 shares at an average price of $148.34 in a transaction dated on June 15, 2016. The total value of the transaction was worth $1,023,546.

Thermo Fisher Scientific Inc (NYSE:TMO) witnessed a decline in the market cap on Friday as its shares dropped 0.67% or 0.99 points. After the session commenced at $147.11, the stock reached the higher end at $147.38 while it hit a low of $145.83. With the volume soaring to 1,418,483 shares, the last trade was called at $146.24. The company has a 52-week high of $154.81. The company has a market cap of $57,547 million and there are 393,512,230 shares in outstanding. The 52-week low of the share price is $117.1.

Thermo Fisher Scientific Inc. is a provider of analytical instruments, equipment, reagents and consumables, software and services for research, manufacturing, analysis, discovery and diagnostics. The company operates through four segments: Life Sciences Solutions, provides reagents, instruments and consumables used in biological and medical research, discovery and production of new drugs and vaccines as well as diagnosis of disease; Analytical Instruments, provides instruments, consumables, software and services that are used in the laboratory; Specialty Diagnostics, offers diagnostic test kits, reagents, culture media, instruments and associated products, and Laboratory Products and Services, offers self-manufactured and sourced products for the laboratory.

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