Shares of The Hain Celestial Group (HAIN) Sees Large Outflow of Money

The Hain Celestial Group (HAIN) : The total negative money flow of $2.42 million on Thursday indicates selling on strength. The inflow of money on upticks was $29.4 million, compared to $31.82 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.92. The negative money flow of $0.87 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $5.88 million in a block trade.The transaction value of block trade on downtick was $5.01 million. The uptick to downtick ratio was 1.17. The price action in the The Hain Celestial Group (HAIN) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $51.24 with a gain of $3.96 , a change of 8.38% over the previous days close. The stock registered 3.6% for the week.


The Hain Celestial Group (HAIN) : Average target price received by The Hain Celestial Group (HAIN) is $50.54 with an expected standard deviation of $5.91. The most aggressive target on the stock is $63, whereas the most downbeat target is $43. 13 financial analysts are currently covering the stock. The stock has recorded a 20-day Moving Average of 2.64% and the 50-Day Moving Average is 5.62%.

The Hain Celestial Group (NASDAQ:HAIN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.80 and $50.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $50.63, notching a gain of 7.09% for the day. The total traded volume was 4,250,756 . The stock had closed at $47.28 on the previous day.

The Hain Celestial Group, Inc. manufactures, markets, distributes and sells organic and natural products under brand names, which are sold as better-for-you products. The Company operates in five segments: the United States, the United Kingdom, Canada, Europe and Hain Pure Protein. The Companys brands include Almond Dream, Arrowhead Mills, BluePrint, Celestial Seasonings, Cully & Sully, Danival, DeBoles, Earths Best, Ellas Kitchen, Europes Best, Farmhouse Fare, Frank Coopers, Gales, Garden of Eatin, GG UniqueFiber, Hartleys, Health Valley, Imagine, Johnsons Juice Co., Lima, Linda McCartney, MaraNatha, New Covent Garden Soup Co., Rice Dream, Robertsons, Rudis Organic Bakery, Rudis Gluten-Free Bakery, Sensible Portions, Spectrum, Spectrum Essentials and Soy Dream, among others. Its markets its personal care products under the Alba Botanica, Avalon Organics, Earths Best, JASON and Queen Helene brands. In addition, it offers the Joya and Happy brands.

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