Shares of Lowes Companies (LOW) Sees Large Inflow of Net Money Flow

Lowes Companies (LOW) : Lowes Companies (LOW) had a healthy money flow of $6.45 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $9.21 million, whereas, investors only sold shares worth $2.75 million on downticks. The stock closed the day with an up-down ratio of 3.34.The money flow in the block trades to the tune of $6.14 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $6.14 million worth of transactions were on upticks. Lowes Companies (LOW) stock slid $0.14 intraday and traded at 71.36, a change of -0.2% over previous days close. However, for the week, the company shares are -1.37% compared to previous weeks close.


Lowes Companies, Inc. has lost 0.4% in the last five trading days and dropped 7.02% in the last 4 weeks. Lowes Companies, Inc. has dropped 7.32% during the last 3-month period . Year-to-Date the stock performance stands at -4.5%.

Lowes Companies (LOW) : Zacks Investment Research ranks Lowes Companies (LOW) as 3, which is a Hold recommendation. 10 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 17 research analysts is 1.68, which indicates as a Buy.

Lowes Companies (NYSE:LOW): The stock opened at $71.88 and touched an intraday high of $72.419 on Wednesday. During the day, the stock corrected to an intraday low of $71.26, however, the bulls stepped in and pushed the price higher to close in the green at $71.76 with a gain of 0.36% for the day. The total traded volume for the day was 8,176,164. The stock had closed at $71.5 in the previous trading session.

Lowes Companies, Inc. (Lowes) is a home improvement retailer. As of January 30, 2015, Lowes operated 1,840 home improvement and hardware stores, representing approximately 201 million square feet of retail selling space. Lowes is consisted of 1,793 stores located across 50 states in the United States, including 74 Orchard Supply Hardware (Orchard) stores in California and Oregon, as well as 37 stores in Canada, and 10 stores in Mexico. It serves homeowners, renters, and professional customers (Pro customers). Its retail customers, consisted of individual homeowners and renters, complete a range of projects. The Pro customer consists of two categories: construction trades, and maintenance, repair and operations. The Company offers a range of products for maintenance, repair, remodeling, and decorating.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *