Shares of Walgreens Boots Alliance (WBA) Sees Large Outflow of Money

Walgreens Boots Alliance (WBA) : Net money flow in Walgreens Boots Alliance (WBA) was negative ($16.55 million) and the inflow of money on uptick was $85.5 million, whereas, the outflow of money on downticks amounted to $102.05 million on Thursday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.84. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $6.45 million. On the other hand, the total value of block trades done on downticks was $22.83 million. The ratio of uptick to downtick block trades was 0.28. The money flow in block trades was negative ($16.39). Walgreens Boots Alliance (WBA) gained $2.01 cent during the day and reached $83.78, a gain of 2.46% over the previous day.


The stock has recorded a 20-day Moving Average of 1.74% and the 50-Day Moving Average is 4.23%. Shares have dropped -13.20% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $97.30 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $80.87 and the 200 Day Moving Average price is recorded at $80.58.

Walgreens Boots Alliance (NASDAQ:WBA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $82.66 and $82.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $84.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $83.78, notching a gain of 2.46% for the day. The total traded volume was 7,002,069 . The stock had closed at $81.77 on the previous day.

In an insider trading activity, Wilson-Thompson Kathleen, officer (EVP and Global Chief HRO) of Walgreens Boots Alliance, Inc., unloaded 29,603 shares at an average price of $83.13 on June 10, 2016. The total amount of the transaction was worth $2,460,897, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Walgreens Boots Alliance, Inc. (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led health and wellbeing enterprise. It operates through three segments: Retail Pharmacy USA, which consists of the Walgreens business, including the operation of retail drugstores and convenient care clinics, in addition to providing specialty pharmacy services; Retail Pharmacy International, which consists of the Alliance Boots pharmacy-led health and beauty stores, optical practices and related contract manufacturing operations, and Pharmaceutical Wholesale, which consists of the Alliance Boots pharmaceutical wholesaling and distribution businesses. Its portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as global health and beauty product brands, including No7, Botanics, and Soap & Glory. Walgreens Boots Alliance, through its subsidiary, Liz Earle Beauty Co. Ltd, offers the Liz Earle skincare brand.

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