Large Outflow of Money Witnessed in Cooper Companies, Inc. (The)

Cooper Companies, Inc. (The) (COO) jumped 0.05 points or 0.03% on strong buying and was last priced at $184.66 per share. The shares saw huge fund flow intraday; a massive $8.33 million made their way in through the upticks but an even bigger $10.48 million made their way out through downticks. As per the last observation, the net money flow stood at $(-2.15) million and the up/down ratio was found to be 0.8. The shares have seen a weekly value change of 0.67% .Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of The Cooper Companies, Inc. rose by 2.89% in the last five trading days and 6.18% for the last 4 weeks. The Cooper Companies, Inc. is up 5.51% in the last 3-month period. Year-to-Date the stock performance stands at 6.18%. Cooper Companies, Inc. (The) (NYSE:COO) rose 0.6% or 1.1 points on Wednesday and made its way into the gainers of the day. After trading began at $184 the stock was seen hitting $185.82 as a peak level and $183.17 as the lowest level. The stock ended up at $185.71. The daily volume was measured at 475,052 shares. The 52-week high of the share price is $190.99 and the 52-week low is $123.8. The company has a market cap of $9,086 million.

Company has reported several Insider transactions to the SEC, on Jan 10, 2017, Stanley Md Zinberg (director) sold 5,000 shares at 178.99 per share price.On Jan 10, 2017, Allan E Rubenstein (director) sold 4,950 shares at 177.00 per share price.On Jan 5, 2017, Gary S Petersmeyer (director) sold 458 shares at 175.97 per share price.

Cooper Companies Inc Last issued its quarterly earnings results on Dec 8, 2016. The company reported $2.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $2.25. The company had revenue of $518.70 million for the quarter, compared to analysts expectations of $505.10 million. The companys revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.00 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cooper Companies Inc was Upgraded by Wells Fargo to Outperform on Dec 12, 2016.

The Cooper Companies, Inc., through its principal subsidiaries, develops, manufactures and markets healthcare products. CooperVision markets a range of contact lenses to correct visual defects, specializing in toric lenses that correct astigmatism. The company also markets conventional toric and spherical lenses and lenses for patients with more complex vision disorders. CooperSurgical markets diagnostic products, surgical instruments and accessories to the womens healthcare market.


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