Thermo Fisher Scientific Inc (TMO) : The money flow analysis of Thermo Fisher Scientific Inc (TMO) indicates a $14.07 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $14.95 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.06 and so was the total money flow at $0.87 million. The bulls lapped up $0 million worth of block trades on upticks. The money flow was $0 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Thermo Fisher Scientific Inc (TMO), pushing it down by -0.03% for the day. The stock slid $0.05 and traded at $150.9 during the day. Nonetheless, the stock is -0.96% over the previous weeks close.
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 -9.77% . Institutional Investors own 87.87% of Thermo Fisher Scientific Inc shares. During last six month period, the net percent change held by insiders has seen a change of -10.07%.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chief Executive Officer) of Thermo Fisher Scientific Inc., Casper Marc N had sold 30,000 shares worth of $4,543,500 in a transaction dated September 1, 2016. In this transaction, 30,000 shares were sold at $151.45 per share.
Thermo Fisher Scientific Inc (NYSE:TMO): The stock opened at $151.23 and touched an intraday high of $151.84 on Friday. During the day, the stock corrected to an intraday low of $150.67, however, the bulls stepped in and pushed the price higher to close in the green at $151.18 with a gain of 0.15% for the day. The total traded volume for the day was 1,104,239. The stock had closed at $150.95 in the previous trading session.
Thermo Fisher Scientific Inc (TMO) : During the past 4 weeks, traders have been relatively bearish on Thermo Fisher Scientific Inc (TMO), hence the stock is down -3.89% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.27% relative to the S&P 500. The 4-week change in the price of the stock is -4.02% and the stock has fallen -0.77% in the past 1 week.
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.