Aramark (ARMK) : $10.56 million worth of transactions were on upticks in Aramark (ARMK), compared to $7.37 million on downticks. The ratio between the two was 1.43, whereas, the net money flow stood at a healthy $3.19 million on Wednesdays session.The block trades show a bullish bias with only $3.29 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $6.58million worth of trades. The up-down ratio between the uptick and downtick was 2, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $3.3 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.16%. The stock was trading at $37.64, with a drop of $0.06 over the previous days close. The stock recorded -0.08% for the week.
Aramark has dropped 0.32% in the last five trading days, however, the shares have posted positive gains of 0.29% in the last 4 weeks. Aramark is up 14.73% in the last 3-month period. Year-to-Date the stock performance stands at 17.7%.
Aramark (ARMK) : Zacks Investment Research ranks Aramark (ARMK) as 3, which is a Hold recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.25, which indicates as a Strong Buy.
Aramark (NYSE:ARMK): stock was range-bound between the intraday low of $37.49 and the intraday high of $37.8 after having opened at $37.8 on Wednesdays session. The stock finally closed in the red at $37.8, a loss of -0.16%. The stock remained in the red for the whole trading day. The total traded volume was 1,293,247 shares. The stock failed to cross $37.8 in Wednesdays trading. The stocks closing price on Thursday was $37.7.
Aramark, formerly ARAMARK Holdings Corporation, is a global provider of food, facilities and uniform services to education, healthcare, business and industry and sports, leisure and corrections clients. The Companys core market is North America. It serves students, patients, employees, sports fans and guests worldwide. It serves over 500 million meals annually to approximately five million students at colleges, universities, and K-12 schools, services over 2,000 healthcare facilities, caters to approximately 100 million sports fans, and operates in 22 countries in North America, Europe, Asia and South America, as of September 28, 2012. It operates in three reportable segments: food and Support Services North America, or FSS North America, Food and Support Services International, or FSS International, and Uniform and Career Apparel, or Uniform.