Large Inflow of Money Detected in AutoZone

AutoZone (AZO) : The money flow analysis of AutoZone (AZO) indicates a $12.12 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $13.98 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.15 and so was the total money flow at $1.86 million. The bulls lapped up $0.1 million worth of block trades on upticks. The money flow was $0.1 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of AutoZone (AZO), pushing it down by -0.05% for the day. The stock slid $0.38 and traded at $800.93 during the day. Nonetheless, the stock is -1.73% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 3.14% and the 50-Day Moving Average is 4.32%. Shares have rallied 18.15% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $819.54 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $769.38 and the 200 Day Moving Average price is recorded at $764.74.

AutoZone (NYSE:AZO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $806.29 and $798.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $807.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $805.18, notching a gain of 0.48% for the day. The total traded volume was 155,795 . The stock had closed at $801.31 on the previous day.

In an insider trading activity, The officer (Sr. Vice President & CIO), of Autozone Inc, Griffin Ronald B had unloaded 4,830 shares at $804 per share in a transaction on July 8, 2016. The total value of transaction was $3,883,320. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

AutoZone, Inc. (AutoZone) is a retailer and a distributor of automotive replacement parts and accessories in the United States. The Companys segments include Auto Parts Stores and Other. The Companys Auto Parts Stores segment includes Domestic Auto Parts, Mexico, Brazil and Interamerican Motor Corporation (IMC). The Companys Other segment includes business activities of ALLDATA, E-commerce and AutoAnything. The ALLDATA produces, sells and maintains diagnostic and repair information software used in the automotive repair industry. The e-commerce includes direct sales to customers through The AutoAnything includes direct sales to customers through The Company operates approximately 5,069 AutoZone stores in the United States, including stores in Puerto Rico, Mexico, Brazil and IMC branches. IMC branches carry a line of original equipment import replacement parts.

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