Xylem (XYL) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $8.82 million worth of transactions were on upticks, whereas, the downticks accounted for $4.59 million worth of transactions. The net money flow was a positive $4.23 million and the uptick to downtick ratio was 1.92. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 4.05 in their favor. The net money flow into the stock was $4.63 million. The value of block trades done on downticks was only $1.52 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $6.14 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Xylem (XYL) was trading at $51.98, down $0.12 during day. The stock slid -0.23% over the previous days close. For the week, the stock recorded 0.83% over the previous weeks close.
Shares of Xylem Inc. rose by 0.77% in the last five trading days and 2.41% for the last 4 weeks. Xylem Inc. is up 19.98% in the last 3-month period. Year-to-Date the stock performance stands at 44.6%.
Xylem (XYL) : The consensus on Xylem (XYL) based on 13 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Xylem (NYSE:XYL): The stock opened at $52.31 and touched an intraday high of $52.59 on Wednesday. During the day, the stock corrected to an intraday low of $51.93, however, the bulls stepped in and pushed the price higher to close in the green at $52.21 with a gain of 0.21% for the day. The total traded volume for the day was 1,213,305. The stock had closed at $52.1 in the previous trading session.
Xylem Inc. is engaged in the design, manufacturing, and application of engineered technologies for the water industry. The Company is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment. The Company is an equipment and service provider in various application areas of the water equipment industry: transport, treatment, test, building services, industrial processing and irrigation. The Companys water market brands, such as Bell & Gossett and Flygt. The Company sells its products in more than 150 countries through a distribution network consisting of direct sales force and independent channel partners. The Company has two business segments: Water Infrastructure (collection, distribution and return) and Applied Water (usage).