Shares of Stanley Black & Decker (SWK) Sees Large Outflow of Money

Stanley Black & Decker (SWK) : The total money flow in Stanley Black & Decker (SWK) was negative ($1.46 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $13.14 million. In comparison, the inflow of money into the stock on upticks was $11.68 million. The uptick to downtick ratio was 0.89. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $0 million. The negative money flow of ($0 million) confirms the selling in Stanley Black & Decker (SWK) on strength. Stanley Black & Decker (SWK) gained $0.36 at $112.46, a gain of 0.32% over the previous days close. However, the stock registered 0.12% in the week.


Stanley Black & Decker (SWK) stock is expected to deviate a maximum of $7.47 from the average target price of $122.11 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $130 and the most muted being $107. The stock has recorded a 20-day Moving Average of 1.27% and the 50-Day Moving Average is 0.8%.

Stanley Black & Decker (NYSE:SWK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $111.90 and $111.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $113.31. The buying momentum continued till the end and the stock did not give up its gains. It closed at $112.97, notching a gain of 0.78% for the day. The total traded volume was 792,526 . The stock had closed at $112.10 on the previous day.

Stanley Black & Decker, Inc. is a global provider of power and hand tools, products and services. The Company provides products and services for various industrial applications, mechanical access solutions (automatic doors and commercial locking systems), and electronic security and monitoring systems. The Companys operating segments include: Construction & Do-It-Yourself (CDIY), Industrial and Security. The CDIY segment consists of the Professional Power Tool Business; the Consumer Products Group, which includes outdoor products; the Hand Tools & Storage business, and the Fastening & Accessories business. The Industrial segment consists of the Industrial and Automotive Repair (IAR), Engineered Fastening and Infrastructure Businesses. The Security segment consists of the Convergent Security Solutions (CSS) and Mechanical Access Solutions (MAS) businesses.

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