Large Outflow of Money Witnessed in Cintas Corporation

Cintas Corporation (CTAS) : The total money flow in Cintas Corporation (CTAS) was negative ($1.4 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $27.53 million. In comparison, the inflow of money into the stock on upticks was $26.13 million. The uptick to downtick ratio was 0.95. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $0 million. The value of transactions on uptick was $1.42 million. The negative money flow of ($1.42 million) confirms the selling in Cintas Corporation (CTAS) on strength. Cintas Corporation (CTAS) gained $2.42 at $115.85, a gain of 2.13% over the previous days close. However, the stock registered 1.48% in the week.


Shares of Cintas Corporation appreciated by 1.27% during the last five trading days but lost 0.18% on a 4-week basis. Cintas Corporation is up 21.45% in the last 3-month period. Year-to-Date the stock performance stands at 27.59%.

Cintas Corporation (CTAS) has an average broker rating of 2.3, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Cintas Corporation (NASDAQ:CTAS): The stock opened at $118.89 and touched an intraday high of $118.9 on Wednesday. During the day, the stock corrected to an intraday low of $115.62, however, the bulls stepped in and pushed the price higher to close in the green at $116.17 with a gain of 2.42% for the day. The total traded volume for the day was 1,475,206. The stock had closed at $113.43 in the previous trading session.

Cintas Corporation provides products and services to businesses of all types. The Company is a provider of corporate identity uniforms through rental and sales programs, as well as a provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, and first aid, safety and fire protection products and services. The Company has three segments: Rental Uniforms and Ancillary Products, Uniform Direct Sales, and First Aid, Safety and Fire Protection Services. The Companys Rental Uniforms and Ancillary Products segment consists of the rental and servicing of uniforms and other garments, including flame resistant clothing, mats, mops and shop towels and other ancillary items. The Companys Uniform Direct Sales segment consists of the direct sale of uniforms and related items. The Companys First Aid, Safety and Fire Protection Services segment consists of first aid, safety and fire protection products and services.

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