Large Outflow of Money Witnessed in Las Vegas Sands

Las Vegas Sands (LVS): The stock had negative money flow to the tune of ($5.89 million) on Wednesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $30 million, whereas, the outflow of money on downticks was $35.89 million and the ratio between the two was 0.84. The block trade had a negative net money flow of ($6.07 million). The total block trade value undertaken on upticks was $3.26 million. On the other hand, downticks amounted to $9.32 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.35. Las Vegas Sands (LVS) closed with marginal gains of 59 cents to end the day at $57.48, an increase of 1.04% over the previous days close. The stock recorded 0.17% for the week.


Shares of Las Vegas Sands Corp. rose by 1.27% in the last five trading days and 14.36% for the last 4 weeks. Las Vegas Sands Corp. is up 33.42% in the last 3-month period. Year-to-Date the stock performance stands at 36.67%.

Las Vegas Sands (LVS) : The consensus on Las Vegas Sands (LVS) based on 13 analyst recommendation on the company stock is 2.62, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 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. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Las Vegas Sands (NYSE:LVS): The stock opened at $57.03 and touched an intraday high of $57.505 on Wednesday. During the day, the stock corrected to an intraday low of $56.28, however, the bulls stepped in and pushed the price higher to close in the green at $57.48 with a gain of 1.04% for the day. The total traded volume for the day was 3,187,334. The stock had closed at $56.89 in the previous trading session.

Las Vegas Sands Corp. (LVSC) is a developer of destination properties that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Companys principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States. In Macao, its operating segments are The Venetian Macao; Sands Cotai Central; Four Seasons Macao; Sands Macao, and Other Asia (that includes its ferry operations and various other operations). In Singapore, its operating segment is Marina Bay Sands. In the United States, its operating segments are The Venetian Las Vegas, which includes the Sands Expo Center and The Palazzo, and Sands Bethlehem. The Paiza Club located at the Companys properties is an invitation-only club, which offers a range of services and amenities. The Company also offers players club loyalty programs at its properties.

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