Large Inflow of Money Detected in Hasbro

Hasbro (HAS) : Investors lapped up stocks on upticks to the tune of $0.92 million in the Thursdays trading session. The trading value on downticks was comparatively at $0.46 million and the uptick to downtick ratio of 2 indicates continuous buying by the bulls. The net money flow into the stock was $0.46 million. Upticks saw transactions worth $0.1 clearly indicating buying by large investors. The total money flow for block trades stood at $0.1 million, which is a positive for the stock in the long-term. Hasbro (HAS) fell $0.07 during the day at $85.47, a drop of -0.08% over the previous days close. However, for the week, the stock is 0.9%, compared to the previous week.


The stock has recorded a 20-day Moving Average of 0.99% and the 50-Day Moving Average is 0.04%. Shares have rallied 9.31% from its 1 Year high price. On Apr 19, 2016, the shares registered one year high at $88.53 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $85.29 and the 200 Day Moving Average price is recorded at $79.38.

Hasbro (NASDAQ:HAS): The stock opened at $86.06 on Thursday but the bulls could not build on the opening and the stock topped out at $86.15 for the day. The stock traded down to $85.19 during the day, due to lack of any buying support eventually closed down at $85.26 with a loss of -0.33% for the day. The stock had closed at $85.54 on the previous day. The total traded volume was 664,880 shares.

In an insider trading activity, Billing Duncan, officer (EVP, Chief Gbl Ops & Bus Dvpmt) of Hasbro Inc, unloaded 3,514 shares at an average price of $87.27 on May 26, 2016. The total amount of the transaction was worth $306,667, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Hasbro, Inc. (Hasbro), through its wholly owned Hasbro Studios LLC (Hasbro Studios), creates entertainment brand storytelling across mediums, including television, film and among others. Its brand blueprint involves re-imagining, re-inventing, and re-igniting its owned and controlled brands, and imagining, inventing and igniting new brands, through toy and game innovation, immersive entertainment offerings, including television programming and motion pictures, and a range of products, ranging from traditional to digital. The Company markets its brands under product categories, which include boys, games, girls and preschool toys. The Companys business operations include United States, Canada, International, Entertainment and Licensing. Its global operations include arranging product manufacturing and sourcing for the United States and Canada and International operations. Its brands include LITTLEST PET SHOP, MONOPOLY, MY LITTLE PONY, NERF, PLAY-DOH and TRANSFORMERS.

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