Shares of W.R. Grace & Co. (GRA) Sees Large Outflow of Money

W.R. Grace & Co. (GRA) : Money flow in the W.R. Grace & Co. (GRA) stock was negative (6.43 million) on Thursday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $4.13 million, compared to $10.56 million on downticks. The total uptick to downtick ratio was 0.39, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($6.83 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $6.83 million, indicating persistent selling. W.R. Grace & Co. (GRA) traded $0.5 higher at $73.31 gaining 0.69% over the previous days close.


W.R. Grace & Co. (GRA) stock is expected to deviate a maximum of $11.39 from the average target price of $88.2 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $107 and the most muted being $76. The stock has recorded a 20-day Moving Average of 2.46% and the 50-Day Moving Average is 4.2%.

W.R. Grace & Co. (NYSE:GRA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $72.73 and $72.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $73.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $73.31, notching a gain of 0.69% for the day. The total traded volume was 313,081 . The stock had closed at $72.81 on the previous day.

W.R. Grace & Co. (Grace) is engaged in the production and sale of specialty chemicals and specialty materials on a global basis. The Company operates in three segments: Grace Catalysts Technologies, which includes catalysts and related products and refining, petrochemical and other chemical manufacturing technologies; Grace Materials Technologies, which includes packaging technologies and engineered materials, and Grace Construction Products, which includes specialty construction chemicals and specialty building materials. Its brands include Sylojet, Syloid, Shieldex, Sylosiv, Sylowhite, Durafill, Ludox, Sylodent, Syloblanc, Daraclar, Trisyl, Perkasil, Phonosorb, Sylobead, Cryosiv, Safetysorb, Poliedge, Sylobloc, Synthetech, Davisil, Vydac, Modcol, Spring, Multipacker, Reveleris, Revealx, Graceresolv, Visionht, Vydac, Alltech, Alltima, Sodasorb, Darex, Daraform, Daraseal, Darablend, Sincera, Celox, Apperta and Sistiaga.

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