Worthington Industries (WOR) stock had a bullish inflow of $0.62 million worth of trades on uptick and an outflow of $0.43 million in downticks on Friday. The total uptick to downtick ratio stood at 1.44. The net money flow into the stock was $0.19 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0 million. $0 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Worthington Industries (WOR) stock traded down $0.17 , and reached $43.21, a drop of -0.39% over the previous day. On a weekly basis, the stock is 1.08%, over the previous weeks close.
The company Insiders own 32% of Worthington Industries shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.02% . Institutional Investors own 50.97% of Worthington Industries shares. During last six month period, the net percent change held by insiders has seen a change of -22.58%.
In a related news, Gilmore Geoffrey G, officer (President-Worthington Cylinder) of Worthington Industries Inc, unloaded 11,079 shares at an average price of $42.73 on August 3, 2016. The total amount of the transaction was worth $473,406, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Worthington Industries (NYSE:WOR): stock was range-bound between the intraday low of $42.72 and the intraday high of $44.05 after having opened at $43.88 on Fridays session. The stock finally closed in the red at $43.88, a loss of -0.21%. The stock remained in the red for the whole trading day. The total traded volume was 261,371 shares. The stock failed to cross $44.05 in Fridays trading. The stocks closing price on Thursday was $43.38.
Worthington Industries (WOR) : Traders are bullish on Worthington Industries (WOR) as it has outperformed the S&P 500 by a wide margin of 0.16% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.76%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.26% in the last 1 week, and is up 0.02% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Worthington Industries, Inc. is a diversified metals manufacturing company. The Companys segments include Steel Processing, Pressure Cylinders, Engineered Cabs and Other. The Companys Steel Processing segment consists of the Worthington Steel business unit, Precision Specialty Metals, Inc. and Worthington Steelpac Systems, LLC and also includes two consolidated joint ventures: Spartan Steel Coating, LLC, which operates a cold-rolled hot dipped galvanizing line in Monroe, Michigan, and TWB Company, L.L.C., which operates a laser welded blank business. Its Pressure Cylinders segment consists of Worthington Cylinders business unit and three consolidated joint ventures: Worthington Nitin Cylinders Limited, Worthington Aritas Basincli Kaplar Sanayi and dHybrid Systems, LLC. Its Engineered Cabs segment consists of the Worthington Industries Engineered Cabs business unit. Its Other segment includes the Construction Services and Worthington Energy Innovations (WEI) operating segments.