Shares of Advance Auto Parts Inc (AAP) Sees Large Inflow of Net Money Flow

Advance Auto Parts Inc (AAP) : Advance Auto Parts Inc (AAP) had a healthy money flow of $6.4 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $41.85 million, whereas, investors only sold shares worth $35.45 million on downticks. The stock closed the day with an up-down ratio of 1.18.The money flow in the block trades to the tune of $6.76 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $6.76 million worth of transactions were on upticks. Advance Auto Parts Inc (AAP) stock slid $2.01 intraday and traded at 149, a change of -1.33% over previous days close. However, for the week, the company shares are -0.16% compared to previous weeks close.

Advance

Shares of Advance Auto Parts Inc. appreciated by 1.82% during the last five trading days but lost 5.46% on a 4-week basis. Advance Auto Parts Inc. has dropped 7.42% during the last 3-month period . Year-to-Date the stock performance stands at -0.89%.

Advance Auto Parts Inc (AAP) : Zacks Investment Research ranks Advance Auto Parts Inc (AAP) as 5, which is a Strong Sell recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.39, which indicates as a Buy.

Advance Auto Parts Inc (NYSE:AAP): stock was range-bound between the intraday low of $148.69 and the intraday high of $151.34 after having opened at $151.25 on Wednesdays session. The stock finally closed in the red at $151.25, a loss of -1.33%. The stock remained in the red for the whole trading day. The total traded volume was 1,120,639 shares. The stock failed to cross $151.34 in Wednesdays trading. The stocks closing price on Thursday was $151.01.

Advance Auto Parts, Inc. is a provider of automotive aftermarket parts. The companys stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. The company serves its do-it-for-me (commercial) customers and do-it-yourself (DIY) customers through a variety of channels ranging from traditional brick and mortar store locations to self-serving e-commerce sites. As of January 3, 2015, the Companys operations are comprised of 5,261 stores and 111 distribution branches, which operate in the United States, Canada, Puerto Rico and the United States Virgin Islands primarily under the trade names Advance Auto Parts, Carquest, Autopart International and Worldpac.

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