Large Inflow of Money Witnessed in Las Vegas Sands

Las Vegas Sands (LVS) : Investors lapped up stocks on upticks to the tune of $28.61 million in the Thursdays trading session. The trading value on downticks was comparatively at $17.51 million and the uptick to downtick ratio of 1.63 indicates continuous buying by the bulls. The net money flow into the stock was $11.1 million. The block trades were dominated by the bulls with a healthy 10.33, uptick to downtick ratio. Only $1.08 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $11.17 clearly indicating buying by large investors. The total money flow for block trades stood at $10.09 million, which is a positive for the stock in the long-term. Las Vegas Sands (LVS) fell $0.04 during the day at $43.56, a drop of -0.09% over the previous days close. However, for the week, the stock is -0.34%, compared to the previous week.


Las Vegas Sands (LVS) stock is expected to deviate a maximum of $7.73 from the average target price of $50.83 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $60 and the most muted being $32. The stock has recorded a 20-day Moving Average of 2.56% and the 50-Day Moving Average is 2.96%.

Las Vegas Sands (NYSE:LVS): The stock opened at $43.68 on Thursday but the bulls could not build on the opening and the stock topped out at $44.20 for the day. The stock traded down to $43.17 during the day, due to lack of any buying support eventually closed down at $43.56 with a loss of -0.09% for the day. The stock had closed at $43.60 on the previous day. The total traded volume was 2,495,327 shares.

Las Vegas Sands Corp. (LVSC) is a developer of destination properties that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Companys principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States. In Macao, its operating segments are The Venetian Macao; Sands Cotai Central; Four Seasons Macao; Sands Macao, and Other Asia (that includes its ferry operations and various other operations). In Singapore, its operating segment is Marina Bay Sands. In the United States, its operating segments are The Venetian Las Vegas, which includes the Sands Expo Center and The Palazzo, and Sands Bethlehem. The Paiza Club located at the Companys properties is an invitation-only club, which offers a range of services and amenities. The Company also offers players club loyalty programs at its properties.

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