Shares of Carters (CRI) Sees Large Inflow of Net Money Flow

Carters (CRI) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $20.21 million worth of transactions were on upticks, whereas, the downticks accounted for $17.7 million worth of transactions. The net money flow was a positive $2.52 million and the uptick to downtick ratio was 1.14. The net money flow into the stock was $0.88 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.88 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Carters (CRI) was trading at $88.16, down $1.71 during day. The stock slid -1.9% over the previous days close. For the week, the stock recorded -6.85% over the previous weeks close.


Carters, Inc. has lost 7.84% in the last five trading days and dropped 9.51% in the last 4 weeks. Carters, Inc. has dropped 15.75% during the last 3-month period . Year-to-Date the stock performance stands at 0.02%.

Carters (CRI) : 7 analysts are covering Carters (CRI) and their average rating on the stock is 1.86, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Carters (NYSE:CRI): stock was range-bound between the intraday low of $87.67 and the intraday high of $90.195 after having opened at $90.11 on Wednesdays session. The stock finally closed in the red at $90.11, a loss of -1.90%. The stock remained in the red for the whole trading day. The total traded volume was 1,001,783 shares. The stock failed to cross $90.195 in Wednesdays trading. The stocks closing price on Thursday was $89.87.

Carters, Inc. is a marketer of apparel for babies and young children in the United States. The Company owns two brand names in the childrens apparel industry, Carters and OshKosh. The Company operates through five business segments: Carters retail, Carters wholesale, OshKosh retail, OshKosh wholesale and International. It offers multiple product categories, including baby, sleepwear, playclothes and related accessories. As of January 3, 2015, the Company had approximately 18,000 wholesale locations (including national department stores, chain and specialty stores and discount retailers), 855 Company-operated stores and its Websites. As of January 3, 2015, the Company operated 531 Carters and 200 OshKosh outlet, brand, and specialty stores in the United States. As of January 3, 2015, its products are sold through 124 Company-operated stores in Canada in addition to its international wholesale, licensing and online channels.

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