Large Inflow of Money Detected in Smith & Wesson Holding Corporation

Smith & Wesson Holding Corporation (SWHC) : Thursdays money flow data in Smith & Wesson Holding Corporation (SWHC) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $6.59 million, whereas, $5.41 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.22, in favor of the bulls. The total money flow into the stock was $1.19 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $1.19 million. The total value of block trades done on upticks was $1.19 million. Smith & Wesson Holding Corporation (SWHC) fell $0.01 and traded at $28.41, down -0.02% for the day, over previous days close. On a weekly basis, the shares are -2.26% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 8.22% and the 50-Day Moving Average is 17.23%. Shares have rallied 77.66% from its 1 Year high price. On Mar 18, 2016, the shares registered one year high at $30.44 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $24.60 and the 200 Day Moving Average price is recorded at $23.88.

Smith & Wesson Holding Corporation (NASDAQ:SWHC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.50 and $28.23 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.44, notching a gain of 0.07% for the day. The total traded volume was 1,829,814 . The stock had closed at $28.42 on the previous day.

In an insider trading activity,The officer (See remarks.) of Smith & Wesson Holding Corp, Smith Mark Peter sold 21,507 shares at $27.07 on July 1, 2016. The Insider selling transaction had a total value worth of $582,194. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Smith & Wesson Holding Corporation is a manufacturer of firearms. The Company manufactures an array of handguns, including revolvers and pistols; long guns, including modern sporting rifles, bolt action rifles, and single shot rifles; handcuffs, and firearm-related products and accessories. The Company operates through two segments: firearms and accessories. The firearm segment consists of products and services manufactured and sold from its Springfield, Massachusetts; Houlton, Maine, and Deep River, Connecticut facilities, which includes firearms, handcuffs, and other related products. The Company sells the products through a distribution chain and direct sales to consumers and international, state, and federal Governments. The accessories segment consists of hunting and shooting accessories developed and marketed from its Columbia, Missouri facility. The Company also provides shooting, reloading, gunsmithing, and gun cleaning supplies.

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