Shares of Cabelas Inc (CAB) Sees Large Outflow of Money

Cabelas Inc (CAB) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (1.75 million) in Cabelas Inc (CAB). On Thursday, The value of composite uptick trades was $4.27 million, whereas, the value of composite downtick trades was $6.01 million and the ratio between the two was 0.71, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $1.9 million. The negative money flow of ($1.9 million) shows selling on strength. Cabelas Inc (CAB) gained $1.82 intraday at $54.47 and registrered 3.46% for the week.


The stock has recorded a 20-day Moving Average of 7.82% and the 50-Day Moving Average is 8.34%. Shares have rallied 2.81% from its 1 Year high price. On May 2, 2016, the shares registered one year high at $53.79 and the one year low was seen on Oct 27, 2015. The 50-Day Moving Average price is $49.82 and the 200 Day Moving Average price is recorded at $47.57.

Cabelas Inc (NYSE:CAB): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.58 and $53.58 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.08, notching a gain of 2.72% for the day. The total traded volume was 1,785,532 . The stock had closed at $52.65 on the previous day.

In an insider trading activity, Milrod Donna M, director of Cabelas Inc, executed a transaction worth $25,093 on July 27, 2015. A total of 575 shares were purchased at an average price of $43.64. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Cabelas Incorporated is a specialty retailer and a direct marketer of hunting, fishing, camping and related outdoor merchandise. The Company operates under the following segments: Retail, Direct, Financial Services, and Corporate Overhead and Other. The Retail Business segment enables customers to access and use its retail stores, Web and social media channels, and catalogs. The Direct Business segment sells products through its e-commerce Websites and direct mail catalogs. The Financial Services Business segment provides customers with a rewards program. The Companys products include merchandise and equipment for hunting, fishing, marine use, and camping along with casual and outdoor apparel and footwear, optics, wildlife and land management products and services, vehicle accessories, and gifts and home furnishings, among others.

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