Shares of Sally Beauty Holdings (SBH) Sees Large Inflow of Net Money Flow

Sally Beauty Holdings (SBH) : Wednesdays money flow data in Sally Beauty Holdings (SBH) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $21.51 million, whereas, $15.25 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.41, in favor of the bulls. The total money flow into the stock was $6.26 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $2.83 million. The total value of block trades done on upticks was $5.92 million. The value of bearish trades on downticks was only $3.09 million.The up/down ratio in the block trades was a healthy 1.92 in favor of the bulls, suggesting strong buying in the stock by large traders. Sally Beauty Holdings (SBH) fell $0.15 and traded at $28.01, down -0.53% for the day, over previous days close. On a weekly basis, the shares are 5.26% over the previous weeks close.


Shares of Sally Beauty Holdings Inc. rose by 6.38% in the last five trading days and 2.26% for the last 4 weeks. Sally Beauty Holdings Inc. has dropped 3.55% during the last 3-month period . Year-to-Date the stock performance stands at 0.43%.

Sally Beauty Holdings (SBH) has an average broker rating of 2.08, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

Sally Beauty Holdings (NYSE:SBH): stock was range-bound between the intraday low of $27.54 and the intraday high of $28.19 after having opened at $28.04 on Wednesdays session. The stock finally closed in the red at $28.04, a loss of -0.53%. The stock remained in the red for the whole trading day. The total traded volume was 4,688,795 shares. The stock failed to cross $28.19 in Wednesdays trading. The stocks closing price on Thursday was $28.16.

Sally Beauty Holdings, Inc. (Sally Beauty) is a retailer and distributor of beauty supplies. The Company operates in North America, South America and Europe. Sally Beauty operates through two business segments namely Sally Beauty Supply and Beauty Systems Group (BSG). Sally Beauty provides its customers with a variety of third-party branded beauty supplies, including hair color products, hair care products, styling appliances, brushes, nail care products, ethnic products and beauty items. Sally Beauty Supply is an open-line distributor of professional beauty supplies in the United States. Sally beauty supply products are sold in shopping centers, grocery stores, mass merchants and home centers. BSG is a full-service distributor of beauty supplies in North America. BSG and Armstrong McCall stores provide beauty product SKUs that include hair color, hair care, skin and nail care, beauty sundries and electrical appliances. BSG stores are located in secondary strip shopping centers.

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