Shares of Rite Aid Corporation (RAD) Sees Large Inflow of Net Money Flow

Rite Aid Corporation (RAD) : Mondays money flow indicated an uptick to downtick ratio was at 1.77. The total value of inflow transactions on upticks was $28.88 million, whereas, the total value of outflow trades on downticks was $16.32 million. The total money flow was $12.56 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $10.66 million. The total value of the trades done on upticks was $15.86 million. Downticks saw transactions worth $5.2 million. The total uptick to downtick ratio stood at 3.05, mildly in favor of the bulls. Rite Aid Corporation (RAD) was trading with a -2.5% change over previous days close. It fell $0.18 during the day and reached $7.01. The stock was -1.27% compared to the previous weeks close.


Rite Aid Corporation has dropped 12.7% during the last 3-month period . Year-to-Date the stock performance stands at -10.59%. Shares of Rite Aid Corporation appreciated by 1.89% during the last five trading days but lost 10.24% on a 4-week basis. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP) of Rite Aid Corp, Donley Douglas E had sold 34,106 shares worth of $265,345 in a transaction dated June 15, 2016. In this transaction, 34,106 shares were sold at $7.78 per share.

Rite Aid Corporation (NYSE:RAD): On Mondays trading session , Opening price of the stock was $7.2 with an intraday high of $7.275. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $6.95. However, the stock managed to close at $7.01, a loss of 2.50% for the day. On the previous day, the stock had closed at $7.19. The total traded volume of the day was 20,846,235 shares.

Rite Aid Corporation is a retail drugstore chain. The Company sells prescription drugs and a range of other merchandise, which are referred to as front-end products. The Companys drugstores primary business is pharmacy services. It operates approximately 4,570 stores in 31 states across the country and in the District of Columbia. Its front-end products include over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise and various other every day and convenience products. The Company offers a range of products through its portfolio of private brands. Its classes of products include prescription drugs, over-the-counter medications and personal care, health and beauty aids, and general merchandise and other. It sells private brand and co-branded products. It operates under The Rite Aid name.

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