Large Outflow of Money Witnessed in Martin Marietta Materials, Inc.

Martin Marietta Materials, Inc. (MLM) managed to stay afloat and traded higher with an addition of 0.83 point or 0.36% at $230.43. The money flow data is a negative $(-4.39) million with $36.85 million in upticks and $41.24 million in downticks. The intraday up/down ratio came in at 0.89. The shares has seen -3.9% change for the week in its share price.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Martin Marietta Materials, Inc. has dropped 4.75% in the last five trading days, however, the shares have posted positive gains of 4.05% in the last 4 weeks. Martin Marietta Materials, Inc. is up 24.58% in the last 3-month period. Year-to-Date the stock performance stands at 4.05%. Martin Marietta Materials, Inc. (NYSE:MLM) rose 0.39% or 0.9 points on Wednesday and made its way into the gainers of the day. After trading began at $231.29 the stock was seen hitting $232.23 as a peak level and $228.55 as the lowest level. The stock ended up at $230.5. The daily volume was measured at 649,322 shares. The 52-week high of the share price is $243.98 and the 52-week low is $108.31. The company has a market cap of $14,629 million.

Company has reported several Insider transactions to the SEC, on Dec 12, 2016, Donald A. Mccunniff (SVP – Human Resources) sold 1,503 shares at 228.98 per share price.On Dec 12, 2016, Anne H Lloyd (EVP and CFO) sold 498 shares at 229.18 per share price.On Nov 14, 2016, Roselyn R Bar (EVP, General Counsel and Secy) sold 2,313 shares at 228.33 per share price.

Martin Marietta Materials Last issued its quarterly earnings results on Nov 1, 2016. The company reported $2.49 EPS for the quarter, missing the analyst consensus estimate by $ -0.08. Analyst had a consensus of $2.57. The company had revenue of $1104.00 million for the quarter, compared to analysts expectations of $1137.30 million. The companys revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.04 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Martin Marietta Materials was Downgraded by BofA/Merrill to Neutral on Nov 16, 2016.

Martin Marietta Materials producer of aggregates for the construction industry, including highways, infrastructure, commercial and residential. The company also manufactures and markets magnesia-based products, including heat-resistant refractory products for the steel industry, chemicals products for industrial, agricultural and environmental uses, and dolomitic lime.


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