Shares of Foot Locker (FL) Sees Large Outflow of Money

Foot Locker (FL) : The value of composite uptick trades was $3.09 million, whereas, the value of composite downtick trades was $4.72 million. The uptick to downtick ratio stood at 0.65 with a negative money flow of ($1.63) Million during Thursdays trading session. The block trades money flow was negative ($1.85 million). The transaction of the trades on downticks amounted to $1.85 million, which confirms investors selling on the strength of price. Foot Locker (FL) gained 21 cents at $58.17, an increase of 0.36% over the previous days close.


The stock has recorded a 20-day Moving Average of 5.85% and the 50-Day Moving Average is 3.31%. Shares have dropped -17.56% from its 1 Year high price. On Sep 25, 2015, the shares registered one year high at $77.25 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $54.67 and the 200 Day Moving Average price is recorded at $61.26.

Foot Locker (NYSE:FL): The stock opened at $57.99 on Thursday but the bulls could not build on the opening and the stock topped out at $58.34 for the day. The stock traded down to $57.65 during the day, due to lack of any buying support eventually closed down at $57.72 with a loss of -0.41% for the day. The stock had closed at $57.96 on the previous day. The total traded volume was 1,543,841 shares.

In an insider trading activity, The director, of Foot Locker, Inc., Mckenna Matthew M had unloaded 10,628 shares at $62.35 per share in a transaction on April 8, 2016. The total value of transaction was $662,656. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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.

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.