Shares of Wal-Mart Stores (WMT) Sees Large Inflow of Net Money Flow

Wal-Mart Stores (WMT) : The money flow analysis of Wal-Mart Stores (WMT) indicates a $62.65 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $99.27 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.58 and so was the total money flow at $36.63 million. A solid up-down ratio of 4.37 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $38.48 million worth of block trades on upticks. Only $8.81 million worth of the stock exchanged hands on downticks. The money flow was $29.67 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Wal-Mart Stores (WMT), pushing it down by -0.75% for the day. The stock slid $0.54 and traded at $71.79 during the day. Nonetheless, the stock is -0.77% over the previous weeks close.


Wal-Mart Stores Inc. has dropped 0.55% in the last five trading days, however, the shares have posted positive gains of 0.55% in the last 4 weeks. Wal-Mart Stores Inc. has dropped 0.25% during the last 3-month period . Year-to-Date the stock performance stands at 19.66%.

Wal-Mart Stores (WMT) has an average broker rating of 2.65, which is interpreted as a Hold, as rated by 17 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 3 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Wal-Mart Stores (NYSE:WMT): stock was range-bound between the intraday low of $71.38 and the intraday high of $72.32 after having opened at $72.22 on Wednesdays session. The stock finally closed in the red at $72.22, a loss of -0.75%. The stock remained in the red for the whole trading day. The total traded volume was 6,184,932 shares. The stock failed to cross $72.32 in Wednesdays trading. The stocks closing price on Thursday was $72.33.

Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Companys operations are conducted in three segments: Walmart U.S., Walmart International and Sams Club. The Walmart U.S. segment operates retail stores in all 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart International segment consists of operations in 26 countries outside of the United States and includes numerous formats divided into three main categories: retail, wholesale and other. The Sams Club consists of membership-only warehouse clubs and operates in 48 states in the United States and in Puerto Rico, as well as digital retail.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.