Large Inflow of Money Detected in L Brands

L Brands (LB) stock had a bullish inflow of $18.93 million worth of trades on uptick and an outflow of $14.1 million in downticks on Thursday. The total uptick to downtick ratio stood at 1.34. The net money flow into the stock was $4.83 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $4.89 million. $4.89 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, L Brands (LB) stock traded down $0.26 , and reached $69.86, a drop of -0.37% over the previous day. On a weekly basis, the stock is 0.98%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 2.73% and the 50-Day Moving Average is 2.83%. Shares have dropped -17.37% from its 1 Year high price. On Nov 4, 2015, the shares registered one year high at $101.11 and the one year low was seen on May 19, 2016. The 50-Day Moving Average price is $67.89 and the 200 Day Moving Average price is recorded at $80.32.

L Brands (NYSE:LB): The stock opened at $70.55 on Thursday but the bulls could not build on the opening and the stock topped out at $70.58 for the day. The stock traded down to $69.49 during the day, due to lack of any buying support eventually closed down at $69.86 with a loss of -0.37% for the day. The stock had closed at $70.12 on the previous day. The total traded volume was 1,123,291 shares.

In an insider trading activity, Tessler Allan R, director of L Brands, Inc., executed a transaction worth $237,720 on June 24, 2016. A total of 3,500 shares were purchased at an average price of $67.92. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

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.

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