Costco Wholesale Corporation (COST) : Mondays 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 $6.07 million, whereas, $1.64 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 3.69, in favor of the bulls. The total money flow into the stock was $4.43 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $4.3 million. The total value of block trades done on upticks was $4.3 million. Costco Wholesale Corporation (COST) fell $0.21 and traded at $166.2, down -0.12% for the day, over previous days close. On a weekly basis, the shares are 0.46% over the previous weeks close.
Costco Wholesale Corporation is up 9.59% in the last 3-month period. Year-to-Date the stock performance stands at 4.31%. Shares of Costco Wholesale Corporation rose by 0.47% in the last five trading days and 7.09% for the last 4 weeks. In a related news,The officer (Former Executive VP) of Costco Wholesale Corp /New, Schutt Douglas W sold 14,656 shares at $166.76 on July 11, 2016. The Insider selling transaction had a total value worth of $2,444,035. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Costco Wholesale Corporation (NASDAQ:COST): stock turned positive on Monday. Though the stock opened at $166.56, the bulls momentum made the stock top out at $167.86 level for the day. The stock recorded a low of $165.92 and closed the trading day at $167.51, in the green by 0.66%. The total traded volume for the day was 1,993,806. The stock had closed at $166.41 in the previous days trading.
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.