Large Inflow of Money Witnessed in Gap (The)

Gap (The) (GPS) : On Thursday, The money flowed into the Gap (The) (GPS) stock with an uptick to downtick ratio was recorded at 1.7. Transactions worth $41.6 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $24.49 million. The total money flow into the stock was $17.11 million. The block trades reveal a bullish bias with an up-down ratio of 3.59. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $20.25 million of block transactions on upticks. The value of block trades on downticks was $5.65 million, indicating lower selling interest. The total money flow in block trades was $14.6 million. In terms of price action, Gap (The) (GPS) traded down $0.16 during the session at $21.63. Compared to the previous days closing, the stock was down only by -0.73%. For the week, the stock is 1.07%, over previous weeks closing.


Gap (The) (GPS) : The consensus price target for Gap (The) (GPS) is $20.6 for the short term with a standard deviation of $4.13. The most optimist securities analyst among the 20 who monitor the stock believes that the stock can reach $33, however, the pessimist price target for the company is $16. The stock has recorded a 20-day Moving Average of 7.75% and the 50-Day Moving Average is 9.61%.

Gap (The) (NYSE:GPS): The stock opened at $21.75 on Thursday but the bulls could not build on the opening and the stock topped out at $21.89 for the day. The stock traded down to $21.27 during the day, due to lack of any buying support eventually closed down at $21.63 with a loss of -0.73% for the day. The stock had closed at $21.79 on the previous day. The total traded volume was 11,098,283 shares.

The Gap, Inc. is an apparel retail company. The Company offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta and Intermix brands. In addition to operating in the specialty, outlet, online and franchise channels, Gap Inc. is an apparel retailer in using omni-channel capabilities for digital world and physical stores. Its omni-channel services include order-in-store, reserve-in-store, find-in-store and ship-from-store that are tailored across its portfolio of brands. Gap includes GapKids, babyGap, GapMaternity, GapBody and GapFit collections. It also offers handbags, shoes, jewelry, eyewear and personal care products, among others. It has Company-operated stores in the United States, Canada, the United Kingdom, France, Ireland, Japan, Italy, China and Hong Kong. It operates Gap, Banana Republic and Old Navy stores throughout Asia, Australia, Europe, Latin America, the Middle East and Africa.

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