Large Outflow of Money Witnessed in Owens-Illinois, Inc.

Owens-Illinois, Inc. (OI) traded on a positive note gaining 0.03 points or 0.16% to be valued at $18.93 per share. Intraday, the shares aggregated $2.72 million in upticks but saw an exodus of $4.26 million in downticks. The net money flow was calculated to be $(-1.53) million with the final up/down ratio coming in at 0.64. The share price has seen a change of -0.73% in value during the week. Block trade of up/down ratio of 0 was also registered with $0 million in upticks and $1.83 million in downticks. The net money flow for the block exchange was disappointing at $(-1.83) Million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of Owens-Illinois, Inc. rose by 1.12% in the last five trading days and 13.9% for the last 4 weeks. Owens-Illinois, Inc. is up 2.75% in the last 3-month period. Year-to-Date the stock performance stands at 13.9%. Owens-Illinois, Inc. (NYSE:OI) rose 4.92% or 0.93 points on Wednesday and made its way into the gainers of the day. After trading began at $19.14 the stock was seen hitting $19.87 as a peak level and $18.865 as the lowest level. The stock ended up at $19.83. The daily volume was measured at 3,620,097 shares. The 52-week high of the share price is $20.33 and the 52-week low is $11.58. The company has a market cap of $3,216 million.

Company has reported several Insider transactions to the SEC, on Jun 16, 2016, Gordon Hardie (director) purchased 3,400 shares at 18.65 per share price.On Mar 9, 2016, Albert P L Stroucken (Exec. Chairman of the Board) sold 56,148 shares at 14.94 per share price.On Mar 8, 2016, John Haudrich (Chief Strat. & Integ. Officer) sold 7,294 shares at 15.36 per share price.

Owens-Illinois Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.48. The company had revenue of $1600.00 million for the quarter, compared to analysts expectations of $1641.51 million. The companys revenue was down -1.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.40 EPS.

Owens-Illinois, Inc. manufactures and sells glass container products to food and beverage manufacturers primarily in Europe, North America, South America, and the Asia Pacific. The Company produces glass containers for malt beverages, including beer and ready-to-drink low-alcohol refreshers, liquor, wine, food, tea, juice and pharmaceuticals. It also produces glass containers for soft drinks and other non-alcoholic beverages. Owens-Illinois, Inc. is headquartered in Perrysburg, Ohio.

Owens-Illinois,

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