Shares of Republic Services, Inc. (RSG) Sees Large Inflow of Net Money Flow

Republic Services, Inc. (RSG) witnessed a selling pressure and the shares last traded with a loss of -0.48 points or -0.84% at $56.9. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $24.97 million with an inflow of $33.6 million in upticks and an outflow of $8.63 million in downticks. Using the data, the up/down ratio is found to be 3.89. The share price has recorded -1.06% on a weekly basis.A block trade of $25.76 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $25.76, signaling heavy buying.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Republic Services, Inc. has lost 1.59% in the last five trading days and dropped 0.26% in the last 4 weeks. Republic Services, Inc. is up 8.72% in the last 3-month period. Year-to-Date the stock performance stands at -0.26%. Republic Services, Inc. (NYSE:RSG) witnessed a decline in the market cap on Wednesday as its shares dropped 0.84% or 0.48 points. After the session commenced at $57.37, the stock reached the higher end at $57.66 while it hit a low of $56.83. With the volume soaring to 1,877,204 shares, the last trade was called at $56.9. The company has a 52-week high of $58.08. The company has a market cap of $19,344 million and there are 339,961,880 shares in outstanding. The 52-week low of the share price is $42.56.

Company has reported several Insider transactions to the SEC, on Oct 31, 2016, Donald W Slager (President and CEO) sold 164,628 shares at 52.00 per share price.On Jul 5, 2016, Brian A Goebel (CAO) sold 1,695 shares at 52.10 per share price.On Jun 13, 2016, Michael P Rissman (EVP/Chief Legal Officer/Secret) sold 61,768 shares at 49.41 per share price.

Republic Services Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.58. The company had revenue of $2409.30 million for the quarter, compared to analysts expectations of $2409.96 million. The companys revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.

Republic Services, Inc., is a leading provider of services in the domestic non-hazardous solid waste industry. They provide non-hazardous solid waste collection services for commercial, industrial, municipal and residential customers through their collection companies. They also own or operate transfer stations and solid waste landfills.


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