Shares of Hasbro (HAS) Sees Large Inflow of Net Money Flow

Hasbro (HAS) : $17.43 million worth of transactions were on upticks in Hasbro (HAS), compared to $12.99 million on downticks. The ratio between the two was 1.34, whereas, the net money flow stood at a healthy $4.44 million on Wednesdays session.The block trades show a bullish bias with only $4.2 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $8.57million worth of trades. The up-down ratio between the uptick and downtick was 2.04, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $4.37 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.33%. The stock was trading at $79.61, with a drop of $0.26 over the previous days close. The stock recorded -0.69% for the week.


Shares of Hasbro Inc. appreciated by 0.81% during the last five trading days but lost 2.43% on a 4-week basis. Hasbro Inc. has dropped 3.56% during the last 3-month period . Year-to-Date the stock performance stands at 20.4%.

Hasbro (HAS) : 9 analysts are covering Hasbro (HAS) and their average rating on the stock is 2.56, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Hasbro (NASDAQ:HAS): stock was range-bound between the intraday low of $79.355 and the intraday high of $80.3 after having opened at $80.15 on Wednesdays session. The stock finally closed in the red at $80.15, a loss of -0.33%. The stock remained in the red for the whole trading day. The total traded volume was 861,169 shares. The stock failed to cross $80.3 in Wednesdays trading. The stocks closing price on Thursday was $79.87.

Hasbro, Inc. (Hasbro), through its wholly owned Hasbro Studios LLC (Hasbro Studios), creates entertainment brand storytelling across mediums, including television, film and among others. Its brand blueprint involves re-imagining, re-inventing, and re-igniting its owned and controlled brands, and imagining, inventing and igniting new brands, through toy and game innovation, immersive entertainment offerings, including television programming and motion pictures, and a range of products, ranging from traditional to digital. The Company markets its brands under product categories, which include boys, games, girls and preschool toys. The Companys business operations include United States, Canada, International, Entertainment and Licensing. Its global operations include arranging product manufacturing and sourcing for the United States and Canada and International operations. Its brands include LITTLEST PET SHOP, MONOPOLY, MY LITTLE PONY, NERF, PLAY-DOH and TRANSFORMERS.

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