Large Outflow of Money Witnessed in Chemed Corp.

Chemed Corp. (CHE) jumped 0.38 points or 0.23% on strong buying and was last priced at $166.47 per share. The shares saw huge fund flow intraday; a massive $0.93 million made their way in through the upticks but an even bigger $2.48 million made their way out through downticks. As per the last observation, the net money flow stood at $(-1.54) million and the up/down ratio was found to be 0.38. The shares have seen a weekly value change of -0.25% .Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Chemed Corporation has dropped 0.27% in the last five trading days, however, the shares have posted positive gains of 4.06% in the last 4 weeks. Chemed Corporation is up 18.26% in the last 3-month period. Year-to-Date the stock performance stands at 4.06%. Chemed Corp. (NYSE:CHE) rose 0.51% or 0.84 points on Wednesday and made its way into the gainers of the day. After trading began at $166.5 the stock was seen hitting $169.47 as a peak level and $164.6803 as the lowest level. The stock ended up at $166.93. The daily volume was measured at 74,770 shares. The 52-week high of the share price is $169.7 and the 52-week low is $124.77. The company has a market cap of $2,708 million.

Company has reported several Insider transactions to the SEC, on Nov 28, 2016, Patrick P Grace (director) sold 400 shares at 148.53 per share price.On Nov 15, 2016, Spencer S Lee (executive vice president) sold 4,500 shares at 150.22 per share price.On Nov 15, 2016, Donald E Saunders (director) sold 500 shares at 149.56 per share price.

Chemed Corporation Last issued its quarterly earnings results on Oct 26, 2016. The company reported $1.73 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Analyst had a consensus of $1.82. The company had revenue of $392.61 million for the quarter, compared to analysts expectations of $394.88 million. The companys revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.78 EPS.

Chemed Corporation is the nations largest provider of end-of-life hospice care services through its VITAS Healthcare Corporation subsidiary. Chemed also maintains a presence in the residential and commercial repair-and-maintenance industry through two subsidiaries. Roto-Rooter is North Americas largest provider of plumbing and drain cleaning services. Service America Network Inc. provides major-appliance and heating/air-conditioning repair, maintenance, and replacement services.


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