Shares of Whole Foods Market (WFM) Sees Large Inflow of Net Money Flow

Whole Foods Market (WFM) : $8.97 million worth of transactions were on upticks in Whole Foods Market (WFM), compared to $7.15 million on downticks. The ratio between the two was 1.25, whereas, the net money flow stood at a healthy $1.82 million on Wednesdays session. The consistent buying on upticks in the stock accounted for $0.81million worth of trades. The total money flow into the stock stood at $0.81 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.35%. The stock was trading at $28.36, with a drop of $0.1 over the previous days close. The stock recorded -0.56% for the week.

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Whole Foods Market, Inc. has lost 0.59% in the last five trading days and dropped 7.4% in the last 4 weeks. Whole Foods Market, Inc. has dropped 9.58% during the last 3-month period . Year-to-Date the stock performance stands at -14.06%.

Whole Foods Market (WFM) has an average broker rating of 3, which is interpreted as a Hold, as rated by 15 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 11 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 4, which is also a Sell. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Whole Foods Market (NASDAQ:WFM): stock was range-bound between the intraday low of $28.3 and the intraday high of $28.56 after having opened at $28.49 on Wednesdays session. The stock finally closed in the red at $28.49, a loss of -0.14%. The stock remained in the red for the whole trading day. The total traded volume was 2,419,353 shares. The stock failed to cross $28.56 in Wednesdays trading. The stocks closing price on Thursday was $28.46.

Whole Foods Market, Inc. (Whole Foods Market) is a retailer of natural and organic foods and grocer. The Company has one operating segment, natural and organic foods supermarkets. As of September 29, 2013, Whole Foods Market operated 362 stores in the United States, Canada, and the United Kingdom. The Companys offices are supported by its headquarters, regional offices, distribution centers, bakehouse facilities, commissary kitchens, seafood-processing facilities, meat and produce procurement centers, and a specialty coffee and tea procurement and roasting operation. The Companys product selection includes grocery, meat, seafood, bakery, prepared foods and catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, and lifestyle products including books, pet products, and household products. The Companys 365 and 365 Organic Everyday Day Value brands account for approximately half of its brand items.

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