Patterson Companies (PDCO) : Wednesdays money flow data in Patterson Companies (PDCO) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $4.66 million, whereas, $2.49 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.87, in favor of the bulls. The total money flow into the stock was $2.16 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $2.79 million. The total value of block trades done on upticks was $2.79 million. Patterson Companies (PDCO) fell $0.05 and traded at $45.85, down -0.11% for the day, over previous days close. On a weekly basis, the shares are -1.78% over the previous weeks close.
Patterson Companies, Inc. has lost 1.32% in the last five trading days and dropped 0.37% in the last 4 weeks. Patterson Companies, Inc. has dropped 2.49% during the last 3-month period . Year-to-Date the stock performance stands at 3.72%.
Patterson Companies (PDCO) : 7 analysts are covering Patterson Companies (PDCO) and their average rating on the stock is 2.57, 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 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Patterson Companies (NASDAQ:PDCO): The stock opened at $45.78 and touched an intraday high of $46.2 on Wednesday. During the day, the stock corrected to an intraday low of $45.66, however, the bulls stepped in and pushed the price higher to close in the green at $46.18 with a gain of 0.61% for the day. The total traded volume for the day was 1,000,901. The stock had closed at $45.9 in the previous trading session.
Patterson Companies, Inc. is a distributor serving the dental, veterinary and rehabilitation supply markets. The Company operates through three segments: dental supply, veterinary supply and rehabilitation supply. The Companys dental supply segment provides consumable products (including x-ray film, restorative materials, hand instruments and sterilization products); basic and advanced technology dental equipment; practice management and clinical software; patient education systems, and office forms and stationery. The Companys veterinary supply segment distributes veterinary supplies to companion-pet (dogs, cats and other common household pets), equine and large animal veterinarians and veterinary clinics, public and private institutions and shelters across the United States and in the United Kingdom. The rehabilitation supply segment distributes rehabilitation medical supplies and equipment.