Shares of DSW (DSW) Sees Large Inflow of Net Money Flow

DSW (DSW) : On Wednesday, The money flowed into the DSW (DSW) stock with an uptick to downtick ratio was recorded at 1.53. Transactions worth $3.84 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $2.52 million. The total money flow into the stock was $1.32 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0.79 million of block transactions on upticks. The total money flow in block trades was $0.79 million. In terms of price action, DSW (DSW) traded down $0.05 during the session at $20.73. Compared to the previous days closing, the stock was down only by -0.22%. For the week, the stock is -2.79%, over previous weeks closing.


DSW Inc. has lost 3.21% in the last five trading days and dropped 19.46% in the last 4 weeks. DSW Inc. is up 0.37% in the last 3-month period. Year-to-Date the stock performance stands at -10.65%.

DSW (DSW) : 4 brokerage houses believe that DSW (DSW) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on DSW (DSW). Zacks Investment Research suggests a Hold with a rank of 3. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 12 Wall Street Analysts endorse the stock as a Hold with a rating of 2.61.

DSW (NYSE:DSW): The stock opened at $20.82 and touched an intraday high of $20.98 on Wednesday. During the day, the stock corrected to an intraday low of $20.63, however, the bulls stepped in and pushed the price higher to close in the green at $20.78 with a gain of 0.05% for the day. The total traded volume for the day was 1,741,130. The stock had closed at $20.77 in the previous trading session.

DSW Inc. is a footwear and accessories retailer. The Company offers assortment of shoes, handbags and accessories for women and men. The Company operates through two segments: the DSW segment and the Affiliated Business Group (ABG) segment. Its DSW segment includes DSW stores and The Company separates DSW merchandise into four primary categories: womens footwear; mens footwear; athletic footwear; and accessories and other. The ABG segment partners with four other retailers to help build and optimize their footwear businesses. As of January 31, 2015, the Company operated 431 DSW stores in 42 states, the District of Columbia and Puerto Rico. DSW stores average approximately 21,500 square feet and carry approximately 22,000 pairs of shoes. The Company also offers DSW Rewards, through which members earn points towards certificates every time they purchase.

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