Large Outflow of Money Witnessed in Chemtura Corp.

Chemtura Corp. (CHMT) traded higher in the last at $33.13, gaining 0.03 points or 0.08%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-4.44) million. The composite uptick value of $0.84 million was eclipsed by the accrued downtick value of $5.28 million, thereby ensuring the up/down ratio of 0.16. For the week, the shares have posted returns of -0.23%.A block trade registered during the day has revealed $0 million in upticks and $4.58 million in downticks. The up/down ratio in this case turned out to be 0. The net money flow for the block trade was $(-4.58) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Chemtura Corporation has lost 0.45% in the last five trading days and dropped 0.45% in the last 4 weeks. Chemtura Corporation is up 0.76% in the last 3-month period. Year-to-Date the stock performance stands at -0.45%. Chemtura Corp. (NYSE:CHMT) witnessed a decline in the market cap on Wednesday as its shares dropped 0.15% or 0.05 points. After the session commenced at $33.1, the stock reached the higher end at $33.175 while it hit a low of $32.875. With the volume soaring to 1,374,638 shares, the last trade was called at $33.05. The company has a 52-week high of $33.35. The company has a market cap of $2,082 million and there are 63,001,260 shares in outstanding. The 52-week low of the share price is $23.8.

Company has reported several Insider transactions to the SEC, on Dec 14, 2016, Simon D. Medley (officer ) sold 10,512 shares at 33.16 per share price.On Aug 23, 2016, Dalip Puri (VP and Treasurer) sold 1,900 shares at 31.48 per share price.On May 5, 2016, Billie S. Flaherty (EVP, Gnrl. Counsel & Secretary) sold 3,993 shares at 26.91 per share price.

Chemtura Corp Last issued its quarterly earnings results on Oct 31, 2016. The company reported $0.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.49. The company had revenue of $404.00 million for the quarter, compared to analysts expectations of $435.00 million. The companys revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.45 EPS.

Chemtura Corporation is a global manufacturer and marketer of specialty chemicals, crop protection and pool, spa and home care products.


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