Large Outflow of Money Witnessed in Signet Jewelers Limited

Shares of Signet Jewelers Limited (NYSE:SIG) advanced to $85.09. The price had gained 3.74% or 3.07 points intraday. The latest trading session witnessed $25.12 million in upticks and $31.28 million in downticks, resulting in net money flow of (-6.16) million. The up/down ratio for the day stood at 0.8. On a weekly scale, the price has seen a change of -4.53%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-4.28) million occurred during the day. $0 million in uptick and $4.28 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.

Signet Jewelers Limited has lost 4.75% in the last five trading days and dropped 20.48% in the last 4 weeks. Signet Jewelers Limited has dropped 27.53% during the last 3-month period . Year-to-Date the stock performance stands at -31.07%.

Currently the company Insiders own 0.36% of Signet Jewelers Limited shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 7.1% . Institutional Investors own 96.45% of Signet Jewelers Limited shares. During last six month period, the net percent change held by insiders has seen a change of 7.1%. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Human Resources Officer) of Signet Jewelers Ltd, Becker Steven J., had purchased 475 shares in a transaction dated on June 14, 2016. The transaction was executed at $82.78 per share with total amount equaling $39,321.

Signet Jewelers Limited (NYSE:SIG) rose 3.51% or 2.88 points on Friday and made its way into the gainers of the day. After trading began at $82.01 the stock was seen hitting $85.55 as a peak level and $81.97 as the lowest level. The stock ended up at $84.9. The daily volume was measured at 2,741,126 shares. The 52-week high of the share price is $152.27 and the 52-week low is $81.32. The company has a market cap of $6,623 million.

Signet Jewelers Limited is a retailer of jewelry, watches and associated services in the United States, Canada and the United Kingdom. The Company manages its business through four segments: the Sterling Jewelers division, the UK Jewelry division, the Zale division, which consists of Zale Jewelry and Piercing Pagoda, and the Other segment. The Other segment includes subsidiaries involved in purchasing and conversion of rough diamonds to polished stones and unallocated corporate administrative functions. The Company operates retail jewelry stores in real estate formats, including mall-based, free-standing, strip center and outlet store locations. The Company operated approximately 3,579 stores and kiosks across 4.8 million square feet of retail space.

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