Shares of Foot Locker (FL) Sees Large Inflow of Net Money Flow

Foot Locker (FL) stock had a bullish inflow of $30.85 million worth of trades on uptick and an outflow of $29.1 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.06. The net money flow into the stock was $1.75 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $-0.53 million. An inflow of $4.19 million block trade was recorded on downticks. $3.66 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 0.87 in favor of the bulls. However, Foot Locker (FL) stock traded down $0.21 , and reached $67.87, a drop of -0.3% over the previous day. On a weekly basis, the stock is 1.2%, over the previous weeks close.


Shares of Foot Locker, Inc. rose by 2% in the last five trading days and 2.12% for the last 4 weeks. Foot Locker, Inc. is up 23.77% in the last 3-month period. Year-to-Date the stock performance stands at 5.63%.

Foot Locker (FL) has an average broker rating of 1.47, which is interpreted as a Strong Buy, as rated by 17 equity analysts. Nonetheless, 13 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Foot Locker (NYSE:FL): stock was range-bound between the intraday low of $67.29 and the intraday high of $68.795 after having opened at $67.82 on Wednesdays session. The stock finally closed in the red at $67.82, a loss of -0.34%. The stock remained in the red for the whole trading day. The total traded volume was 2,323,514 shares. The stock failed to cross $68.795 in Wednesdays trading. The stocks closing price on Thursday was $68.08.

Foot Locker, Inc. is a retailer of shoes and apparel. The Company operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction and SIX:02, as well as the retail stores of Runners Point Group, including Runners Point and Sidestep. The Direct-to-Customers segment includes, Inc. and other affiliates, including Eastbay, Inc., and the direct-to-customer subsidiary of Runners Point Group, which sell to customers through their Internet and mobile sites and catalogs. As of January 31, 2015, the Company operated 3,423 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand. As of January 31, 2015, the Company operated a total of 78 franchised stores, of which 31 are in the Middle East, 27 in Germany and Switzerland, and 20 in the Republic of Korea.

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