Shares of Smart (SFS) Sees Large Outflow of Money

Smart (SFS) : Money flow in the Smart (SFS) stock was negative (1.48 million) on Thursday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $0.28 million, compared to $1.75 million on downticks. The total uptick to downtick ratio was 0.16, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($1.46 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $1.46 million, indicating persistent selling. Smart (SFS) traded $0.02 higher at $14.66 gaining 0.14% over the previous days close.


Smart (SFS) : The most positive equity analysts on Smart (SFS) expects the shares to touch $22, whereas, the least positive believes that the stock will trade at $18 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $19.5 with an expected fluctuation of $1.91 from the mean. The stock has recorded a 20-day Moving Average of 3.8% and the 50-Day Moving Average is 5.92%.

Smart (NYSE:SFS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.59 and $14.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.69, notching a gain of 0.34% for the day. The total traded volume was 495,453 . The stock had closed at $14.64 on the previous day.

Smart & Final Stores, Inc. is a food retailer serving household and business customers through two store banners: Smart & Final and Cash & Carry. The Company operates through two business segments: Smart & Final and Cash & Carry. The Smart & Final segment is based in Commerce, California and includes, as of December 28, 2014, 103 legacy Smart & Final stores and 98 Extra! format stores, which focus on household and business customers and are located in California, Arizona and Nevada. The Cash & Carry segment is based in Portland, Oregon and includes, as of December 28, 2014, 53 Cash & Carry stores, which focus primarily on business customers and are located in Washington, Oregon, Northern California, Idaho and Nevada.

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