Shares of AutoZone (AZO) Sees Large Inflow of Net Money Flow

AutoZone (AZO): $47.11 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.7. The value of trades done on upticks was $114.58 million, whereas, trades done on downticks were valued at $67.47 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $51.76 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $51.76 million. AutoZone (AZO) fell $12.46 traded at $767.15, a change of -1.6% over the previous day. The stock is 2.99% for the week.


Shares of AutoZone, Inc. rose by 2.09% in the last five trading days and 2.17% for the last 4 weeks. AutoZone, Inc. has dropped 3.24% during the last 3-month period . Year-to-Date the stock performance stands at 3.4%.

AutoZone (AZO) : 14 analysts are covering AutoZone (AZO) and their average rating on the stock is 1.89, which is read as a Buy. 7 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. AutoZone (AZO) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

AutoZone (NYSE:AZO): stock was range-bound between the intraday low of $764.59 and the intraday high of $780 after having opened at $780 on Wednesdays session. The stock finally closed in the red at $780, a loss of -1.60%. The stock remained in the red for the whole trading day. The total traded volume was 436,429 shares. The stock failed to cross $780 in Wednesdays trading. The stocks closing price on Thursday was $779.61.

AutoZone, Inc. (AutoZone) is a retailer and a distributor of automotive replacement parts and accessories in the United States. The Companys segments include Auto Parts Stores and Other. The Companys Auto Parts Stores segment includes Domestic Auto Parts, Mexico, Brazil and Interamerican Motor Corporation (IMC). The Companys Other segment includes business activities of ALLDATA, E-commerce and AutoAnything. The ALLDATA produces, sells and maintains diagnostic and repair information software used in the automotive repair industry. The e-commerce includes direct sales to customers through The AutoAnything includes direct sales to customers through The Company operates approximately 5,069 AutoZone stores in the United States, including stores in Puerto Rico, Mexico, Brazil and IMC branches. IMC branches carry a line of original equipment import replacement parts.

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