Shares of Fortune Brands Home & Security (FBHS) Sees Large Inflow of Net Money Flow

Fortune Brands Home & Security (FBHS) : On Wednesday, The money flowed into the Fortune Brands Home & Security (FBHS) stock with an uptick to downtick ratio was recorded at 1.32. Transactions worth $25.43 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $19.31 million. The total money flow into the stock was $6.13 million. The block trades reveal a bullish bias with an up-down ratio of 2.02. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $14.49 million of block transactions on upticks. The value of block trades on downticks was $7.19 million, indicating lower selling interest. The total money flow in block trades was $7.3 million. In terms of price action, Fortune Brands Home & Security (FBHS) traded down $0.44 during the session at $58.55. Compared to the previous days closing, the stock was down only by -0.75%. For the week, the stock is -0.2%, over previous weeks closing.

Fortune

Shares of Fortune Brands Home & Security, Inc. appreciated by 2.65% during the last five trading days but lost 8.29% on a 4-week basis. Fortune Brands Home & Security, Inc. is up 3.49% in the last 3-month period. Year-to-Date the stock performance stands at 6.36%.

Fortune Brands Home & Security (FBHS) : The consensus on Fortune Brands Home & Security (FBHS) based on 8 analyst recommendation on the company stock is 1.88, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Fortune Brands Home & Security (NYSE:FBHS): stock was range-bound between the intraday low of $58.24 and the intraday high of $59.32 after having opened at $58.98 on Wednesdays session. The stock finally closed in the red at $58.98, a loss of -0.76%. The stock remained in the red for the whole trading day. The total traded volume was 1,856,997 shares. The stock failed to cross $59.32 in Wednesdays trading. The stocks closing price on Thursday was $58.99.

Fortune Brands Home & Security, Inc. is a holding company. The Company, through its subsidiaries, engaged in manufacture and sale of home and security products. The Company operates through four business segments: Cabinets, Plumbing, Doors and Security. The Cabinets segment provides cabinetry, as well as vanities, for the kitchen, bath and other parts of the home through a regional supply chain footprint in North America. The Plumbing segment manufactures or assembles and sells faucets, accessories and kitchen sinks in North America and China, predominantly under the Moen brand. The Doors segment offers fiberglass and steel entry door systems under the Therma-Tru brand and urethane millwork product lines under the Fypon brand. The Security segments products consist of locks, safety and security devices manufactured, sourced and distributed under the Master Lock brand, and fire resistant safes and commercial cabinets manufactured, sourced and distributed under the SentrySafe brand.

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