Large Outflow of Money Witnessed in Macys Inc

Macys Inc (M) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (2.25 million) in Macys Inc (M). On Wednesday, The value of composite uptick trades was $7.59 million, whereas, the value of composite downtick trades was $9.84 million and the ratio between the two was 0.77, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $4.17 million. $0.72 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.17. The negative money flow of ($3.45 million) shows selling on strength. Macys Inc (M) gained $0.02 intraday at $36.62 and registrered 0.04% for the week.

Macys

Shares of Macys, Inc. appreciated by 0.25% during the last five trading days but lost 5.69% on a 4-week basis. Macys, Inc. is up 9.5% in the last 3-month period. Year-to-Date the stock performance stands at 6.37%.

Macys Inc (M) : Zacks Investment Research ranks Macys Inc (M) as 2, which is a Buy recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 11 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 2.83, which indicates as a Hold.

Macys Inc (NYSE:M): stock was range-bound between the intraday low of $35.7 and the intraday high of $36.66 after having opened at $36.19 on Wednesdays session. The stock finally closed in the red at $36.19, a loss of -1.37%. The stock remained in the red for the whole trading day. The total traded volume was 4,994,340 shares. The stock failed to cross $36.66 in Wednesdays trading. The stocks closing price on Thursday was $36.6.

Macys, Inc. is an omnichannel retail company operating stores, Websites (macys.com, bloomingdales.com and bluemercury.com) and mobile. As of January 31, 2015, the operations of the Company included 823 stores with an area of approximately 147,400,000 square feet in 45 states of the United States, the District of Columbia, Guam and Puerto Rico. Of these 823 stores, 447 were owned, 267 were leased and 109 stores were operated under arrangements where the Company owned the building and leased the land. The Company operates its stores under the names of Macys, Bloomingdales, Bloomingdales Outlet and Bluemercury. The Company operates 13 Bloomingdales outlet stores. Bloomingdales in Dubai, the United Arab Emirates is operated under a license agreement with Al Tayer Insignia, a company of Al Tayer Group, LLC.

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