Large Outflow of Money Witnessed in Ecolab Inc.

Ecolab Inc. (ECL) jumped 0.15 points or 0.12% on strong buying and was last priced at $120.28 per share. The shares saw huge fund flow intraday; a massive $12.05 million made their way in through the upticks but an even bigger $14.99 million made their way out through downticks. As per the last observation, the net money flow stood at $(-2.94) million and the up/down ratio was found to be 0.8. The shares have seen a weekly value change of -0.83% .A block trade was recorded in the company shares with a net money flow of $(-3.11) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $3.11. As can be seen from the data, the block transaction had the up/down ratio of 0.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Ecolab Inc. has dropped 1.4% in the last five trading days, however, the shares have posted positive gains of 3.04% in the last 4 weeks. Ecolab Inc. is up 6.11% in the last 3-month period. Year-to-Date the stock performance stands at 3.04%. Ecolab Inc. (NYSE:ECL) rose 0.54% or 0.65 points on Wednesday and made its way into the gainers of the day. After trading began at $119.74 the stock was seen hitting $120.89 as a peak level and $119.51 as the lowest level. The stock ended up at $120.78. The daily volume was measured at 795,627 shares. The 52-week high of the share price is $124.6 and the 52-week low is $98.62. The company has a market cap of $35,214 million.

Company has reported several Insider transactions to the SEC, on Sep 7, 2016, Christophe Beck (EVP & Pres-Global Water) sold 5,789 shares at 122.70 per share price.On Aug 29, 2016, Michael A Hickey (EVP & Pres. Global Inst.) sold 17,761 shares at 123.90 per share price.On Aug 19, 2016, Douglas M Jr Baker (Chairman and CEO) sold 25,800 shares at 122.41 per share price.

Ecolab Last issued its quarterly earnings results on Nov 1, 2016. The company reported $1.28 EPS for the quarter. Analyst had a consensus estimate of $1.28. The company had revenue of $3386.10 million for the quarter, compared to analysts expectations of $3491.10 million. The companys revenue was down -1.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.28 EPS.

Ecolab Inc. is the global leader in cleaning, sanitizing, food safety and infection control products and services. Ecolab delivers comprehensive programs and services to the foodservice, food and beverage processing, healthcare, and hospitality markets.


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