Large Inflow of Money Witnessed in Foot Locker

Foot Locker (FL) : Foot Locker (FL) had a healthy money flow of $5.94 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $20.49 million, whereas, investors only sold shares worth $14.55 million on downticks. The stock closed the day with an up-down ratio of 1.41.The money flow in the block trades to the tune of $4.19 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $6.51 million worth of transactions were on upticks. A paltry $2.33 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 2.8. Foot Locker (FL) stock slid $0.5 intraday and traded at 55.35, a change of -0.9% over previous days close. However, for the week, the company shares are 0.78% compared to previous weeks close.


Foot Locker (FL) : 17 investment research analysts covering Foot Locker (FL) have an average price target of $72.47 for the near short term. The highest target price given by the Brokerage Firm to the stock is $83 and the lowest target is $60 for the short term. Analysts expect the variance to be within $6.94 of the average price. The stock has recorded a 20-day Moving Average of 2.07% and the 50-Day Moving Average is 2.12%.

Foot Locker (NYSE:FL): The stock opened at $55.54 on Thursday but the bulls could not build on the opening and the stock topped out at $56.14 for the day. The stock traded down to $55.22 during the day, due to lack of any buying support eventually closed down at $55.35 with a loss of -0.90% for the day. The stock had closed at $55.85 on the previous day. The total traded volume was 1,752,750 shares.

Foot Locker, Inc. is a retailer of shoes and apparel. The Company operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction and SIX:02, as well as the retail stores of Runners Point Group, including Runners Point and Sidestep. The Direct-to-Customers segment includes, Inc. and other affiliates, including Eastbay, Inc., and the direct-to-customer subsidiary of Runners Point Group, which sell to customers through their Internet and mobile sites and catalogs. As of January 31, 2015, the Company operated 3,423 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand. As of January 31, 2015, the Company operated a total of 78 franchised stores, of which 31 are in the Middle East, 27 in Germany and Switzerland, and 20 in the Republic of Korea.

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