Shares of Smith & Wesson Holding Corporation (SWHC) Sees Large Outflow of Money

Smith & Wesson Holding Corporation (SWHC) : The value of composite uptick trades was $8.03 million, whereas, the value of composite downtick trades was $9.44 million. The uptick to downtick ratio stood at 0.85 with a negative money flow of ($1.41) Million during Thursdays trading session. The block trades money flow was negative ($0.85 million).The uptick to the downtick ratio of 0.25 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $0.28 million. The transaction of the trades on downticks amounted to $1.13 million, which confirms investors selling on the strength of price. Smith & Wesson Holding Corporation (SWHC) gained 1 cents at $28.34, an increase of 0.04% over the previous days close.


Smith & Wesson Holding Corporation (SWHC) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $34 and the lowest price target forecast is $19. The average forecast of all the analysts is $27.33 and the expected standard deviation is $4.8. The stock has recorded a 20-day Moving Average of 15.05% and the 50-Day Moving Average is 19.8%.

Smith & Wesson Holding Corporation (NASDAQ:SWHC): The stock opened at $28.30 on Thursday but the bulls could not build on the opening and the stock topped out at $28.52 for the day. The stock traded down to $28.04 during the day, due to lack of any buying support eventually closed down at $28.29 with a loss of -0.14% for the day. The stock had closed at $28.33 on the previous day. The total traded volume was 1,833,555 shares.

Smith & Wesson Holding Corporation is a manufacturer of firearms. The Company manufactures an array of handguns, including revolvers and pistols; long guns, including modern sporting rifles, bolt action rifles, and single shot rifles; handcuffs, and firearm-related products and accessories. The Company operates through two segments: firearms and accessories. The firearm segment consists of products and services manufactured and sold from its Springfield, Massachusetts; Houlton, Maine, and Deep River, Connecticut facilities, which includes firearms, handcuffs, and other related products. The Company sells the products through a distribution chain and direct sales to consumers and international, state, and federal Governments. The accessories segment consists of hunting and shooting accessories developed and marketed from its Columbia, Missouri facility. The Company also provides shooting, reloading, gunsmithing, and gun cleaning supplies.

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