Large Outflow of Money Witnessed in Fortune Brands Home & Security

Fortune Brands Home & Security (FBHS) : The total money flow in Fortune Brands Home & Security (FBHS) was negative ($0.59 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $0.73 million. Transactions on upticks were comparatively lower at $0.14 million. The uptick to downtick ratio was 0.19. The total block trades on downticks were valued at $0.6 million. The money flow during block trades was negative ($0.6 million) when the stock traded with a gain of $2 cent. Fortune Brands Home & Security (FBHS) was $59.01, an increase of 0.03% over the previous days close.

Fortune

Shares of Fortune Brands Home & Security, Inc. appreciated by 2.65% during the last five trading days but lost 8.29% on a 4-week basis. Fortune Brands Home & Security, Inc. is up 3.49% in the last 3-month period. Year-to-Date the stock performance stands at 6.36%.

Fortune Brands Home & Security (FBHS) : The consensus on Fortune Brands Home & Security (FBHS) based on 8 analyst recommendation on the company stock is 1.88, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Fortune Brands Home & Security (NYSE:FBHS): stock was range-bound between the intraday low of $58.24 and the intraday high of $59.32 after having opened at $58.98 on Wednesdays session. The stock finally closed in the red at $58.98, a loss of -0.76%. The stock remained in the red for the whole trading day. The total traded volume was 1,856,997 shares. The stock failed to cross $59.32 in Wednesdays trading. The stocks closing price on Thursday was $58.99.

Fortune Brands Home & Security, Inc. is a holding company. The Company, through its subsidiaries, engaged in manufacture and sale of home and security products. The Company operates through four business segments: Cabinets, Plumbing, Doors and Security. The Cabinets segment provides cabinetry, as well as vanities, for the kitchen, bath and other parts of the home through a regional supply chain footprint in North America. The Plumbing segment manufactures or assembles and sells faucets, accessories and kitchen sinks in North America and China, predominantly under the Moen brand. The Doors segment offers fiberglass and steel entry door systems under the Therma-Tru brand and urethane millwork product lines under the Fypon brand. The Security segments products consist of locks, safety and security devices manufactured, sourced and distributed under the Master Lock brand, and fire resistant safes and commercial cabinets manufactured, sourced and distributed under the SentrySafe brand.

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