L Brands (LB) : Wednesdays money flow data in L Brands (LB) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $45.16 million, whereas, $34.97 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.29, in favor of the bulls. The total money flow into the stock was $10.18 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $9.34 million. The total value of block trades done on upticks was $11.61 million. The value of bearish trades on downticks was only $2.26 million.The up/down ratio in the block trades was a healthy 5.13 in favor of the bulls, suggesting strong buying in the stock by large traders. L Brands (LB) fell $2.09 and traded at $70.95, down -2.86% for the day, over previous days close. On a weekly basis, the shares are -5.65% over the previous weeks close.
L Brands, Inc. has lost 2.66% in the last five trading days and dropped 7.65% in the last 4 weeks. L Brands, Inc. is up 6.63% in the last 3-month period. Year-to-Date the stock performance stands at -22.27%.
L Brands (LB) : The consensus on L Brands (LB) based on 21 analyst recommendation on the company stock is 2.43, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 11 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on L Brands (LB).
L Brands (NYSE:LB): stock was range-bound between the intraday low of $70.61 and the intraday high of $73.105 after having opened at $72.93 on Wednesdays session. The stock finally closed in the red at $72.93, a loss of -2.86%. The stock remained in the red for the whole trading day. The total traded volume was 2,827,401 shares. The stock failed to cross $73.105 in Wednesdays trading. The stocks closing price on Thursday was $73.04.
L Brands, Inc. operates specialty retail business. The Company is a specialty retailer of womens intimate and other apparel, beauty and personal care products and accessories. It operates in three segments: Victorias Secret, which includes Victorias Secret PINK, which is the specialty retailer of womens intimate and other apparel with fashion-inspired collections, prestige fragrances, celebrated supermodels and world-famous runway shows; Bath & Body Works, which is the specialty retailer of home fragrance and personal care products, including shower gels, lotions, soaps and sanitizers, and Victorias Secret and Bath & Body Works International, which includes the Victorias Secret and Bath & Body Works company-owned and partner-operated stores outside of the United States and Canada. It sells its merchandise through company-owned specialty retail stores in the United States, Canada and the United Kingdom, which are primarily mall-based, and through its Websites and other channels.