Large Inflow of Money Witnessed in Wal-Mart Stores

Wal-Mart Stores (WMT) : On Thursday, The money flowed into the Wal-Mart Stores (WMT) stock with an uptick to downtick ratio was recorded at 1.98. Transactions worth $138.41 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $70.02 million. The total money flow into the stock was $68.38 million. The block trades reveal a bullish bias with an up-down ratio of 17.86. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $55.71 million of block transactions on upticks. The value of block trades on downticks was $3.12 million, indicating lower selling interest. The total money flow in block trades was $52.59 million. In terms of price action, Wal-Mart Stores (WMT) traded down $0.29 during the session at $73.53. Compared to the previous days closing, the stock was down only by -0.39%. For the week, the stock is 0.99%, over previous weeks closing.


Wal-Mart Stores (WMT) : The highest short term price target forecast on Wal-Mart Stores (WMT) is $82 and the lowest target price is $50. A total of 17 equity analysts are currently covering the company. The average price of all the analysts is $70.59 with a standard deviation of $7.34. The stock has recorded a 20-day Moving Average of 2.48% and the 50-Day Moving Average is 5.42%.

Wal-Mart Stores (NYSE:WMT): The stock opened at $73.73 on Thursday but the bulls could not build on the opening and the stock topped out at $73.93 for the day. The stock traded down to $73.15 during the day, due to lack of any buying support eventually closed down at $73.53 with a loss of -0.39% for the day. The stock had closed at $73.82 on the previous day. The total traded volume was 7,486,861 shares.

Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Companys operations are conducted in three segments: Walmart U.S., Walmart International and Sams Club. The Walmart U.S. segment operates retail stores in all 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart International segment consists of operations in 26 countries outside of the United States and includes numerous formats divided into three main categories: retail, wholesale and other. The Sams Club consists of membership-only warehouse clubs and operates in 48 states in the United States and in Puerto Rico, as well as digital retail.

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