Large Inflow of Money Witnessed in Outerwall

Outerwall (OUTR) : Investors lapped up stocks on upticks to the tune of $1.34 million in the Thursdays trading session. The trading value on downticks was comparatively at $0.88 million and the uptick to downtick ratio of 1.53 indicates continuous buying by the bulls. The net money flow into the stock was $0.46 million. Upticks saw transactions worth $0.66 clearly indicating buying by large investors. The total money flow for block trades stood at $0.66 million, which is a positive for the stock in the long-term. Outerwall (OUTR) fell $0.11 during the day at $42.97, a drop of -0.26% over the previous days close. However, for the week, the stock is 0.49%, compared to the previous week.


Outerwall (OUTR) : The highest level Outerwall (OUTR) is projected to reach is $58 for the short term and the lowest estimate is at $38. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $46.8 and the possibility the share price can swing is $8.17. The stock has recorded a 20-day Moving Average of 1.38% and the 50-Day Moving Average is 4.33%.

Outerwall (NASDAQ:OUTR): The stock opened at $43.02 on Thursday but the bulls could not build on the opening and the stock topped out at $43.29 for the day. The stock traded down to $41.86 during the day, due to lack of any buying support eventually closed down at $42.29 with a loss of -1.83% for the day. The stock had closed at $43.08 on the previous day. The total traded volume was 413,399 shares.

Outerwall Inc. is a provider of automated retail solutions. The Companys business segments include The Redbox, Coinstar and New Ventures. The Redbox segment is focused on the entertainment consumer sector, where consumers can rent or purchase movies and video games from self-service kiosks. The Coinstar business segment is focused on the money consumer sector and provides self-service kiosks where consumers can convert their coins to cash and convert coins and paper bills to stored value products. Its New Ventures segment identifies, evaluates, builds and develops self-service concepts in the automated retail space.

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