Walgreens Boots Alliance (WBA) : Thursdays money flow data in Walgreens Boots Alliance (WBA) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $78.38 million, whereas, $59.67 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.31, in favor of the bulls. The total money flow into the stock was $18.71 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $18.23 million. The total value of block trades done on upticks was $22.99 million. The value of bearish trades on downticks was only $4.77 million.The up/down ratio in the block trades was a healthy 4.82 in favor of the bulls, suggesting strong buying in the stock by large traders. Walgreens Boots Alliance (WBA) fell $1.05 and traded at $80.5, down -1.29% for the day, over previous days close. On a weekly basis, the shares are -3.08% over the previous weeks close.
Walgreens Boots Alliance (WBA) : Currently there are 15 street experts covering Walgreens Boots Alliance (WBA) stock. The most bullish and bearish price target for the stock is $103 and $76 respectively for the short term. The average price target of all the analysts comes to $93.87. The estimated standard deviation from the target is $6.49. The stock has recorded a 20-day Moving Average of 2.38% and the 50-Day Moving Average is 0.3%.
Walgreens Boots Alliance (NASDAQ:WBA): The stock opened at $81.52 on Thursday but the bulls could not build on the opening and the stock topped out at $81.97 for the day. The stock traded down to $80.38 during the day, due to lack of any buying support eventually closed down at $80.50 with a loss of -1.29% for the day. The stock had closed at $81.55 on the previous day. The total traded volume was 5,559,959 shares.
Walgreens Boots Alliance, Inc. (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led health and wellbeing enterprise. It operates through three segments: Retail Pharmacy USA, which consists of the Walgreens business, including the operation of retail drugstores and convenient care clinics, in addition to providing specialty pharmacy services; Retail Pharmacy International, which consists of the Alliance Boots pharmacy-led health and beauty stores, optical practices and related contract manufacturing operations, and Pharmaceutical Wholesale, which consists of the Alliance Boots pharmaceutical wholesaling and distribution businesses. Its portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as global health and beauty product brands, including No7, Botanics, and Soap & Glory. Walgreens Boots Alliance, through its subsidiary, Liz Earle Beauty Co. Ltd, offers the Liz Earle skincare brand.