Large Inflow of Money Detected in Ross Stores

Ross Stores (ROST) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $24.91 million worth of transactions were on upticks, whereas, the downticks accounted for $15.08 million worth of transactions. The net money flow was a positive $9.83 million and the uptick to downtick ratio was 1.65. The net money flow into the stock was $10.88 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $10.88 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Ross Stores (ROST) was trading at $58.02, down $0.02 during day. The stock slid -0.03% over the previous days close. For the week, the stock recorded -0.29% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 4% and the 50-Day Moving Average is 5.57%. Shares have rallied 10.74% from its 1 Year high price. On Mar 18, 2016, the shares registered one year high at $59.68 and the one year low was seen on Nov 13, 2015. The 50-Day Moving Average price is $54.55 and the 200 Day Moving Average price is recorded at $55.57.

Ross Stores (NASDAQ:ROST): The stock opened at $58.24 on Thursday but the bulls could not build on the opening and the stock topped out at $58.26 for the day. The stock traded down to $57.80 during the day, due to lack of any buying support eventually closed down at $58.02 with a loss of -0.03% for the day. The stock had closed at $58.04 on the previous day. The total traded volume was 1,862,314 shares.

In an insider trading activity,The director officer (Chairman, Executive) of Ross Stores Inc, Balmuth Michael sold 194,984 shares at $53.44 on May 31, 2016. The Insider selling transaction had a total value worth of $10,419,945. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Ross Stores, Inc. is an off-price retailer of name brand and designer apparel, accessories, footwear, and home fashions for the entire family. The Company operates two brands of off-price retail apparel and home fashion stores, Ross Dress for Less (Ross) and dds DISCOUNTS. As of December 31, 2014, the Company operated 1,210 Ross locations in 33 states, the District of Columbia and Guam, and 152 dds DISCOUNTS stores in 15 states. The Ross and dds DISCOUNTS stores are supported by five distribution centers. The Ross brand stores offers its products at savings of 20% to 60% off department and specialty store regular prices every day. Ross target customers are primarily from middle income households. The dds DISCOUNTS stores offers its products at savings of 20% to 70% off moderate department and discount store regular prices every day. Its target customers typically come from households with moderate incomes.

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