Large Outflow of Money Witnessed in Newell Brands Inc.

Newell Brands Inc. (NWL) traded on a positive note gaining 0.12 points or 0.25% to be valued at $47.45 per share. Intraday, the shares aggregated $24.42 million in upticks but saw an exodus of $38.93 million in downticks. The net money flow was calculated to be $(-14.51) million with the final up/down ratio coming in at 0.63. The share price has seen a change of 2.86% in value during the week. Block trade of up/down ratio of 0.17 was also registered with $3.33 million in upticks and $19.55 million in downticks. The net money flow for the block exchange was disappointing at $(-16.22) Million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of Newell Brands Inc. rose by 1.13% in the last five trading days and 6.27% for the last 4 weeks. Newell Brands Inc. has dropped 0.8% during the last 3-month period . Year-to-Date the stock performance stands at 6.27%. Newell Brands Inc. (NYSE:NWL) rose 0.25% or 0.12 points on Wednesday and made its way into the gainers of the day. After trading began at $47.3 the stock was seen hitting $47.58 as a peak level and $46.91 as the lowest level. The stock ended up at $47.45. The daily volume was measured at 3,928,055 shares. The 52-week high of the share price is $55.45 and the 52-week low is $33.26. The company has a market cap of $22,890 million.

Company has reported several Insider transactions to the SEC, on Nov 1, 2016, Michael B Polk (CEO) purchased 4,000 shares at 47.82 per share price.On Nov 1, 2016, Mark Tarchetti (President) purchased 12,436 shares at 48.15 per share price.On Jun 24, 2016, Ian G H Ashken (director) sold 346,781 shares at 48.51 per share price.

Newell Rubbermaid Last issued its quarterly earnings results on Oct 28, 2016. The company reported $0.78 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.73. The company had revenue of $3954.60 million for the quarter, compared to analysts expectations of $4059.78 million. The companys revenue was up 158.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Newell Rubbermaid was Resumed by Wells Fargo to Outperform on Nov 15, 2016. Newell Rubbermaid was Upgraded by Raymond James to Strong Buy on Nov 8, 2016.

Newell Brands is a leading global consumer goods company with a strong portfolio of well-known brands, like Paper Mate, Sharpie, Sunbeam, FoodSaver, Mr. Coffee, Rubbermaid, Contigo and many others. The company is based in Atlanta, Georgia and was formerly known as Newell Rubbermaid.


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