Large Inflow of Money Witnessed in J.C. Penney Company Holding Company

J.C. Penney Company Holding Company (JCP) : Investors lapped up stocks on upticks to the tune of $11.26 million in the Thursdays trading session. The trading value on downticks was comparatively at $8.45 million and the uptick to downtick ratio of 1.33 indicates continuous buying by the bulls. The net money flow into the stock was $2.8 million. The block trades were dominated by the bulls with a healthy 3.07, uptick to downtick ratio. Only $1.93 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $5.91 clearly indicating buying by large investors. The total money flow for block trades stood at $3.98 million, which is a positive for the stock in the long-term. J.C. Penney Company Holding Company (JCP) fell $0.05 during the day at $8.5, a drop of -0.53% over the previous days close. However, for the week, the stock is -4.87%, compared to the previous week.


J.C. Penney Company Holding Company (JCP) stock is expected to deviate a maximum of $3.69 from the average target price of $10.72 for the short term period. 16 Street Experts have initiated coverage on the stock with the most promising target being $19 and the most muted being $5. The stock has recorded a 20-day Moving Average of 0.28% and the 50-Day Moving Average is 1.17%.

J.C. Penney Company Holding Company (NYSE:JCP): The stock opened at $8.58 on Thursday but the bulls could not build on the opening and the stock topped out at $8.73 for the day. The stock traded down to $8.36 during the day, due to lack of any buying support eventually closed down at $8.47 with a loss of -0.82% for the day. The stock had closed at $8.54 on the previous day. The total traded volume was 13,217,388 shares.

J. C. Penney Company, Inc. (JCPenney) is a holding company. The Companys operating subsidiary is J. C. Penney Corporation, Inc. (JCP). The Companys business consists of selling merchandise and services to consumers through its department stores and Website at, which utilizes applications for desktop, mobile and tablet devices. The Companys online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers warehouses and by in store customer pick up. The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney and home furnishings. The Companys department stores provide its customers with services, such as styling salon, optical, portrait photography and custom decorating.

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