Shares of W.W. Grainger (GWW) Sees Large Outflow of Money

W.W. Grainger (GWW) : Money flow in the W.W. Grainger (GWW) stock was negative (1.39 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 $20.18 million, compared to $21.57 million on downticks. The total uptick to downtick ratio was 0.94, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($0 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $0 million, indicating persistent selling. W.W. Grainger (GWW) traded $1.21 higher at $224.71 gaining 0.54% over the previous days close.


W.W. Grainger (GWW) : The highest level W.W. Grainger (GWW) is projected to reach is $300 for the short term and the lowest estimate is at $183. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $220.22 and the possibility the share price can swing is $40.89. The stock has recorded a 20-day Moving Average of 1.27% and the 50-Day Moving Average is 0.43%.

W.W. Grainger (NYSE:GWW): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $224.28 and $223.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $227.09. The buying momentum continued till the end and the stock did not give up its gains. It closed at $225.44, notching a gain of 0.87% for the day. The total traded volume was 537,400 . The stock had closed at $223.50 on the previous day.

W.W. Grainger, Inc. is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America. It operates in two segments: the United States and Canada. The United States business offers a selection of maintenance, repair and operating supplies and other related products and services. Acklands – Grainger is a distributor of industrial and safety supplies that distributes tools, fasteners, safety supplies, instruments, welding and shop equipment, among others. Other businesses include Zoro, the single channel online business in the United States, and operations in Europe, Asia and Latin America. The Company provides customers with a range of options for finding and purchasing products, utilizing sales representatives, contact centers, direct marketing materials, catalogs and e-commerce.

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