Large Outflow of Money Witnessed in Caseys General Stores

Caseys General Stores (CASY) : Mondays money flow analysis of Caseys General Stores (CASY) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $4.97 million. In comparison, the inflow of money on upticks was a meager $2.05 million. The dollar value of composite uptick trades minus the downtick trades was negative $2.92 million. The uptick to downtick ratio of 0.41 in the money flow shows weakness. The downtick transaction value was high at $2.62 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($2.62 million). Caseys General Stores (CASY) gained $0.16 at $130.37, a change of 0.12% over the previous days close.


Caseys General Stores, Inc. is up 17.85% in the last 3-month period. Year-to-Date the stock performance stands at 8.94%. Caseys General Stores, Inc. has dropped 2.59% in the last five trading days, however, the shares have posted positive gains of 9.86% in the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Jackowski Julia L, Officer (Svp, Corp Gen Counsel) of CASEYS GENERAL STORES INC, had unloaded 3,000 shares at an average price of $127.75 in a transaction dated on June 29, 2016. The total value of the transaction was worth $383,250.

Caseys General Stores (NASDAQ:CASY): stock turned positive on Monday. Though the stock opened at $130.38, the bulls momentum made the stock top out at $131.44 level for the day. The stock recorded a low of $129.7 and closed the trading day at $130.72, in the green by 0.39%. The total traded volume for the day was 252,603. The stock had closed at $130.21 in the previous days trading.

Caseys General Stores, Inc. and its wholly owned subsidiaries operate convenience stores under the name Caseys General Store in 14 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates one store selling primarily tobacco products. The stores carry food, including freshly prepared foods, such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items. As of April 30, 2015, the Company operated 1,878 stores. The Company operates a central warehouse, Caseys Distribution Center in Ankeny, Iowa, through which it supplies grocery and general merchandise items to its stores. The Companys subsidiary Caseys Retail Company operates stores in Illinois, Kansas, Minnesota, Nebraska, North Dakota and South Dakota. Its subsidiary Caseys Marketing Company owns and has responsibility for the operation of stores in Arkansas, Indiana, Iowa, Kentucky, Missouri, Oklahoma, Tennessee and Wisconsin.

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