Large Inflow of Money Witnessed in Burlington Stores

Burlington Stores (BURL) : Investors lapped up stocks on upticks to the tune of $6.95 million in the Thursdays trading session. The trading value on downticks was comparatively at $4.76 million and the uptick to downtick ratio of 1.46 indicates continuous buying by the bulls. The net money flow into the stock was $2.19 million. Upticks saw transactions worth $2.98 clearly indicating buying by large investors. The total money flow for block trades stood at $2.98 million, which is a positive for the stock in the long-term. Burlington Stores (BURL) fell $0.24 during the day at $66.82, a drop of -0.35% over the previous days close. However, for the week, the stock is -0.35%, compared to the previous week.


Burlington Stores (BURL) : 9 Wall Street analysts covering Burlington Stores (BURL) believe that the average level the stock could reach for the short term is $67.56. The maximum price target given is $75 and the minimum target for short term is around $59, hence the standard deviation is calculated at $4.61. The stock has recorded a 20-day Moving Average of 4.3% and the 50-Day Moving Average is 11.92%.

Burlington Stores (NYSE:BURL): The stock opened at $67.31 on Thursday but the bulls could not build on the opening and the stock topped out at $67.45 for the day. The stock traded down to $66.56 during the day, due to lack of any buying support eventually closed down at $67.04 with a loss of -0.01% for the day. The stock had closed at $67.05 on the previous day. The total traded volume was 802,291 shares.

Burlington Stores, Inc. is a retailer of branded apparel. As of January 31, 2015, the Company had 542 stores, inclusive of an Internet store, in 44 states of the United States and Puerto Rico. The Companys offerings for women include dresses, tops, bottoms, coats, shoes, suits and suit separates, handbags, intimates and sleepwear, active wear, sweaters, swimwear and cover-ups, jewelry and watches, maternity, beauty and fragrance and scrubs. The Companys offerings for men include t-shirts, suits and suit separates, coats, shoes, pants, button downs, jeans, shorts, dress shirts, polos, hoodies and sweatshirts, swim and active wear, sports fan shop, socks and underwear, pajamas and robes, grooming, gadgets and gifts, belts, wallets and sweaters. The Companys offerings for juniors include dresses, tops, bottoms, shoes, coats, sweaters, handbags, sleepwear, swimwear, beauty and fragrance, jewelry and watches.

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