Costco Wholesale Corporation (COST) : Wednesdays money flow data in Costco Wholesale Corporation (COST) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $91.23 million, whereas, $70.84 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.29, in favor of the bulls. The total money flow into the stock was $20.38 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $24.27 million. The total value of block trades done on upticks was $24.27 million. Costco Wholesale Corporation (COST) fell $1.04 and traded at $149.41, down -0.69% for the day, over previous days close. On a weekly basis, the shares are -2.05% over the previous weeks close.
Costco Wholesale Corporation has lost 2.15% in the last five trading days and dropped 8.89% in the last 4 weeks. Costco Wholesale Corporation has dropped 4.63% during the last 3-month period . Year-to-Date the stock performance stands at -6.71%.
Costco Wholesale Corporation (COST) : Zacks Investment Research ranks Costco Wholesale Corporation (COST) as 3, which is a Hold recommendation. 8 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. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 1.77, which indicates as a Buy.
Costco Wholesale Corporation (NASDAQ:COST): stock was range-bound between the intraday low of $148.94 and the intraday high of $150.67 after having opened at $150.6 on Wednesdays session. The stock finally closed in the red at $150.6, a loss of -0.69%. The stock remained in the red for the whole trading day. The total traded volume was 2,626,337 shares. The stock failed to cross $150.67 in Wednesdays trading. The stocks closing price on Thursday was $150.45.
Costco Wholesale Corporation (Costco) is engaged in the operation of membership warehouses in the United States (U.S.) and Puerto Rico, Canada, United Kingdom (U.K.), Mexico, Japan, Australia, Spain, and through majority-owned subsidiaries in Taiwan and Korea. The Company operated 663 membership warehouses and an average warehouse is approximately 144,000 square feet. The Companys warehouses generally operate on a seven-day, 69-hour week. The Companys product categories include Food, Sundries, Hardlines, Fresh Food, Softlines, Ancillary and Other. The Companys online business provides products, which include services, such as photo processing, pharmacy, travel, business delivery, and membership services.