Shares of PGT (PGTI) Sees Large Outflow of Money

PGT (PGTI) : The total money flow in PGT (PGTI) was negative ($7.32 million), showing the domination of sellers in the Thursday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $8.83 million. Transactions on upticks were comparatively lower at $1.51 million. The uptick to downtick ratio was 0.17. The total block trades done on upticks were valued at $0.86 million. The total block trades on downticks were valued at $8.25 million. The uptick to the downtick ratio of block trades was 0.1. The money flow during block trades was negative ($7.39 million) when the stock traded with a gain of $17 cent. PGT (PGTI) was $11.16, an increase of 1.55% over the previous days close.


PGT (PGTI) : 8 investment research analysts covering PGT (PGTI) have an average price target of $13.25 for the near short term. The highest target price given by the Brokerage Firm to the stock is $15 and the lowest target is $11 for the short term. Analysts expect the variance to be within $1.31 of the average price. The stock has recorded a 20-day Moving Average of 8.46% and the 50-Day Moving Average is 7.96%.

PGT (NASDAQ:PGTI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.05 and $10.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.16, notching a gain of 1.55% for the day. The total traded volume was 1,222,515 . The stock had closed at $10.99 on the previous day.

PGT, Inc. is a manufacturer and supplier of residential impact-resistant windows and doors. The Companys impact-resistant products are marketed under WinGuard, PremierVue, PGT Architectural Systems and PGT Commercial Storefront System brand names, combine heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris by maintaining their structural integrity and preventing penetration by impacting objects. The Company also manufactures non-impact resistant products in both aluminum and vinyl frames, including its SpectraGuard line of products. The Company conducts business in the Southeastern United States, Gulf Coast, Coastal mid-Atlantic, the Caribbean, Central America and Canada.

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