Gap (The) (GPS) : The total negative money flow of $9.08 million on Monday indicates selling on strength. The inflow of money on upticks was $15.18 million, compared to $24.26 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.63. The negative money flow of $9.15 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $4.34 million in a block trade.The transaction value of block trade on downtick was $13.49 million. The uptick to downtick ratio was 0.32. The price action in the Gap (The) (GPS) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $23.88 with a gain of $0.62 , a change of 2.67% over the previous days close. The stock registered 5.2% for the week.
The Gap, Inc. is up 1.1% in the last 3-month period. Year-to-Date the stock performance stands at -0.57%. Shares of The Gap, Inc. rose by 4.28% in the last five trading days and 24.83% for the last 4 weeks. In a related news,The officer (Global Pres., Banana Republic) of Gap Inc, Owen Andi sold 11,381 shares at $30.19 on March 21, 2016. The Insider selling transaction had a total value worth of $343,592. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Gap (The) (NYSE:GPS): stock turned positive on Monday. Though the stock opened at $23.36, the bulls momentum made the stock top out at $23.93 level for the day. The stock recorded a low of $23.26 and closed the trading day at $23.88, in the green by 2.67%. The total traded volume for the day was 5,509,855. The stock had closed at $23.26 in the previous days trading.
The Gap, Inc. is an apparel retail company. The Company offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta and Intermix brands. In addition to operating in the specialty, outlet, online and franchise channels, Gap Inc. is an apparel retailer in using omni-channel capabilities for digital world and physical stores. Its omni-channel services include order-in-store, reserve-in-store, find-in-store and ship-from-store that are tailored across its portfolio of brands. Gap includes GapKids, babyGap, GapMaternity, GapBody and GapFit collections. It also offers handbags, shoes, jewelry, eyewear and personal care products, among others. It has Company-operated stores in the United States, Canada, the United Kingdom, France, Ireland, Japan, Italy, China and Hong Kong. It operates Gap, Banana Republic and Old Navy stores throughout Asia, Australia, Europe, Latin America, the Middle East and Africa.