Large Inflow of Money Witnessed in Caseys General Stores

Caseys General Stores (CASY) : $15.28 million worth of transactions were on upticks in Caseys General Stores (CASY), compared to $11.82 million on downticks. The ratio between the two was 1.29, whereas, the net money flow stood at a healthy $3.45 million on Thursdays session. The consistent buying on upticks in the stock accounted for $2.64million worth of trades. The total money flow into the stock stood at $2.64 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.54%. The stock was trading at $132.29, with a drop of $0.72 over the previous days close. The stock recorded 1.54% for the week.


Caseys General Stores (CASY) : Average target price received by Caseys General Stores (CASY) is $127.71 with an expected standard deviation of $14.53. The most aggressive target on the stock is $147, whereas the most downbeat target is $105. 7 financial analysts are currently covering the stock. The stock has recorded a 20-day Moving Average of 8.02% and the 50-Day Moving Average is 11.2%.

Caseys General Stores (NASDAQ:CASY): The stock opened at $133.49 on Thursday but the bulls could not build on the opening and the stock topped out at $133.49 for the day. The stock traded down to $131.23 during the day, due to lack of any buying support eventually closed down at $132.29 with a loss of -0.54% for the day. The stock had closed at $133.01 on the previous day. The total traded volume was 428,072 shares.

Caseys General Stores, Inc. and its wholly owned subsidiaries operate convenience stores under the name Caseys General Store in 14 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates one store selling primarily tobacco products. The stores carry food, including freshly prepared foods, such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items. As of April 30, 2015, the Company operated 1,878 stores. The Company operates a central warehouse, Caseys Distribution Center in Ankeny, Iowa, through which it supplies grocery and general merchandise items to its stores. The Companys subsidiary Caseys Retail Company operates stores in Illinois, Kansas, Minnesota, Nebraska, North Dakota and South Dakota. Its subsidiary Caseys Marketing Company owns and has responsibility for the operation of stores in Arkansas, Indiana, Iowa, Kentucky, Missouri, Oklahoma, Tennessee and Wisconsin.

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