Shares of Kate Spade & Company (KATE) Sees Large Inflow of Net Money Flow

Kate Spade & Company (KATE) : Fridays money flow indicated an uptick to downtick ratio was at 2.5. The total value of inflow transactions on upticks was $0.38 million, whereas, the total value of outflow trades on downticks was $0.15 million. The total money flow was $0.23 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0 million. The total value of the trades done on upticks was $0 million. Kate Spade & Company (KATE) was trading with a -0.11% change over previous days close. It fell $0.02 during the day and reached $18.84. The stock was -1.05% compared to the previous weeks close.


The company Insiders own 0.82% of Kate Spade & Company shares according to the proxy statements.

Kate Spade & Company (NYSE:KATE): The stock opened at $18.92 and touched an intraday high of $19.36 on Friday. During the day, the stock corrected to an intraday low of $18.73, however, the bulls stepped in and pushed the price higher to close in the green at $19.12 with a gain of 1.38% for the day. The total traded volume for the day was 1,728,411. The stock had closed at $18.86 in the previous trading session.

On a relative basis, the stock has outperformed the S&P 500 by 9.09% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.42% in the last 1 week, and is up 8.95% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Kate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. The Company operates through three segments: KATE SPADE North America, KATE SPADE International and Adelington Design Group. KATE SPADE North America segment consists of the Companys kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in North America. KATE SPADE International segment consists of the Companys kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in International markets. Adelington Design Group segment consists of exclusive arrangements to supply jewelry for the LIZ CLAIBORNE and MONET brands; the wholesale apparel and wholesale non-apparel operations of the licensed LIZWEAR brand and other brands, and the licensed LIZ CLAIBORNE NEW YORK brand. The Company operates specialty retail stores, outlet stores and concession stores.

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