Shares of Univar (UNVR) Sees Large Outflow of Money

Univar (UNVR): The stock had negative money flow to the tune of ($1.28 million) on Thursday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $1.47 million, whereas, the outflow of money on downticks was $2.75 million and the ratio between the two was 0.53. The block trade had a negative net money flow of ($1.43 million). The total block trade value undertaken on upticks was $0.86 million. On the other hand, downticks amounted to $2.29 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.37. Univar (UNVR) closed with marginal gains of 5 cents to end the day at $19.06, an increase of 0.26% over the previous days close. The stock recorded -0.52% for the week.


Univar (UNVR) : The highest level Univar (UNVR) is projected to reach is $21 for the short term and the lowest estimate is at $18. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $19.4 and the possibility the share price can swing is $1.34. The stock has recorded a 20-day Moving Average of 0.74% and the 50-Day Moving Average is 2.19%.

Univar (NYSE:UNVR): The stock opened at $19.01 on Thursday but the bulls could not build on the opening and the stock topped out at $19.29 for the day. The stock traded down to $18.76 during the day, due to lack of any buying support eventually closed down at $18.85 with a loss of -0.84% for the day. The stock had closed at $19.01 on the previous day. The total traded volume was 839,765 shares.

Univar Inc. is a global chemical distributor and provider of services. The Company source chemicals from over 8,800 producers worldwide and provide a range of products and services to over 133,000 customer locations in over 150 countries. The Companys customers, includes Akzo Nobel, Dow Chemical Company, Henkel, Ecolab, PPG, Valero Energy, FMC Corporation, Georgia-Pacific and Kellogg Company. The Company operates in its geographical segments: Univar USA (USA), Univar Canada, or Canada, Univar Europe and the Middle East and Africa, or EMEA, and Rest of World. The Company serves all of the premier United States oil and gas plays, including Bakken, Eagle Ford and Marcellus as well as the Canadian oil sands.

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