Shares of Lowes Companies (LOW) Sees Large Outflow of Money

Lowes Companies (LOW) : The total money flow in Lowes Companies (LOW) was negative ($3.4 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $43.57 million. In comparison, the inflow of money into the stock on upticks was $40.17 million. The uptick to downtick ratio was 0.92. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $3.25 million. The value of transactions on uptick was $1.21 million. The negative money flow of ($2.04 million) confirms the selling in Lowes Companies (LOW) on strength. The uptick to downtick ratio of block trades was 0.37. Lowes Companies (LOW) gained $0.39 at $80.48, a gain of 0.49% over the previous days close. However, the stock registered 1.11% in the week.


Lowes Companies (LOW) : Average target price received by Lowes Companies (LOW) is $85.67 with an expected standard deviation of $5.21. The most aggressive target on the stock is $94, whereas the most downbeat target is $75. 15 financial analysts are currently covering the stock. The stock has recorded a 20-day Moving Average of 2.89% and the 50-Day Moving Average is 3.31%.

Lowes Companies (NYSE:LOW): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $79.91 and $79.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $80.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $80.48, notching a gain of 0.49% for the day. The total traded volume was 3,838,118 . The stock had closed at $80.09 on the previous day.

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 *