Shares of Estee Lauder Companies (The) (EL) Sees Large Outflow of Money

Estee Lauder Companies (The) (EL) : The total money flow in Estee Lauder Companies (The) (EL) was negative ($8.48 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $24.33 million. In comparison, the inflow of money into the stock on upticks was $15.85 million. The uptick to downtick ratio was 0.65. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $7.75 million. The negative money flow of ($7.75 million) confirms the selling in Estee Lauder Companies (The) (EL) on strength. Estee Lauder Companies (The) (EL) gained $0.52 at $91.55, a gain of 0.57% over the previous days close. However, the stock registered -0.29% in the week.


Estee Lauder Companies (The) (EL) : 15 Wall Street analysts covering Estee Lauder Companies (The) (EL) believe that the average level the stock could reach for the short term is $102.6. The maximum price target given is $110 and the minimum target for short term is around $86, hence the standard deviation is calculated at $5.46. The stock has recorded a 20-day Moving Average of 0.12% and the 50-Day Moving Average is 0.96%.

Estee Lauder Companies (The) (NYSE:EL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $91.00 and $91.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $91.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $91.55, notching a gain of 0.57% for the day. The total traded volume was 1,111,878 . The stock had closed at $91.03 on the previous day.

The Estee Lauder Companies Inc., is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The Companys products are sold in over 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Origins, Le Labo, M.A.C, Bobbi Brown, La Mer and Aveda. It is also the global licensee for fragrances and/or cosmetics sold under brand names, such as Tommy Hilfiger, Donna Karan, Michael Kors, Tom Ford and Coach. It sells its products principally through limited distribution channels to complement the images associated with its brands. These channels include points of sale consisting of upscale department stores, specialty retailers, upscale perfumeries and pharmacies and prestige salons and spas. In addition, its products are sold in freestanding Company-operated stores, its own and authorized retailer Websites, stores on cruise ships, direct response television (DRTV), in-flight and duty-free shops.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.