Large Inflow of Money Witnessed in Buffalo Wild Wings

Buffalo Wild Wings (BWLD) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $45.92 million worth of transactions were on upticks, whereas, the downticks accounted for $14.63 million worth of transactions. The net money flow was a positive $31.29 million and the uptick to downtick ratio was 3.14. The net money flow into the stock was $30.45 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $30.45 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Buffalo Wild Wings (BWLD) was trading at $135.95, down $0.89 during day. The stock slid -0.65% over the previous days close. For the week, the stock recorded -3.22% over the previous weeks close.


Buffalo Wild Wings (BWLD) : 18 investment research analysts covering Buffalo Wild Wings (BWLD) have an average price target of $160.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $200 and the lowest target is $130 for the short term. Analysts expect the variance to be within $18.79 of the average price. The stock has recorded a 20-day Moving Average of 4.66% and the 50-Day Moving Average is 3.03%.

Buffalo Wild Wings (NASDAQ:BWLD): The stock opened at $137.35 on Thursday but the bulls could not build on the opening and the stock topped out at $138.40 for the day. The stock traded down to $135.62 during the day, due to lack of any buying support eventually closed down at $135.95 with a loss of -0.65% for the day. The stock had closed at $136.84 on the previous day. The total traded volume was 823,721 shares.

Buffalo Wild Wings, Inc. is an owner, operator, and franchisor of restaurants featuring a variety of menu items, including its Buffalo, New York-style chicken wings. The Company operates Buffalo Wild Wings and Emerging brands (PizzaRev and Rusty Taco) restaurants, as well as selling Buffalo Wild Wings and Rusty Taco restaurant franchises. It offers a variety of sauces and seasonings, which include Sweet BBQ, Teriyaki, Mild, Medium, Honey BBQ, Spicy Garlic, Buffalo, Desert Heat, Chipotle BBQ, Lemon Pepper and Salt & Vinegar, among others. Its menu includes a variety of food items, including Sharables, Wild Flatbreads, specialty hamburgers and sandwiches, wraps, Buffalito soft tacos and salads. Its restaurants offer domestic and imported beers on tap, including craft brews and a selection of bottled beers, wines, and liquor. It owned and operated approximately 490 company-owned restaurants.

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