Shares of Home Depot (The) (HD) Sees Large Outflow of Money

Home Depot (The) (HD) : Net money flow in Home Depot (The) (HD) was negative ($9.08 million) and the inflow of money on uptick was $17.99 million, whereas, the outflow of money on downticks amounted to $27.06 million on Thursday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.66. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $7.02 million. The money flow in block trades was negative ($7.02). Home Depot (The) (HD) gained $0.08 cent during the day and reached $131.65, a gain of 0.06% over the previous day.


Home Depot (The) (HD) : Currently there are 15 street experts covering Home Depot (The) (HD) stock. The most bullish and bearish price target for the stock is $158 and $106 respectively for the short term. The average price target of all the analysts comes to $144.33. The estimated standard deviation from the target is $13.37. The stock has recorded a 20-day Moving Average of 2.58% and the 50-Day Moving Average is 0.19%.

Home Depot (The) (NYSE:HD): The stock opened at $131.25 on Thursday but the bulls could not build on the opening and the stock topped out at $132.18 for the day. The stock traded down to $130.56 during the day, due to lack of any buying support eventually closed down at $131.16 with a loss of -0.31% for the day. The stock had closed at $131.57 on the previous day. The total traded volume was 3,973,585 shares.

The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. As of December 31, 2014, the Company had 2,269 The Home Depot stores, which included 1,977 stores in the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada, and 111 stores in Mexico.

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Your email address will not be published.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.