Large Outflow of Money Witnessed in Coach

Coach (COH) : Tuesdays money flow analysis of Coach (COH) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $26.57 million. In comparison, the inflow of money on upticks was a meager $20.79 million. The dollar value of composite uptick trades minus the downtick trades was negative $5.78 million. The uptick to downtick ratio of 0.78 in the money flow shows weakness. The uptick block trades were valued at $0.57 million. The downtick transaction value was high at $6.21 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.09. Hence, the net money flow in the stock was negative ($5.64 million). Coach (COH) gained $0.6 at $42.58, a change of 1.43% over the previous days close.


The company Insiders own 0.64% of Coach shares according to the proxy statements. Institutional Investors own 87.72% of Coach shares. In an insider trading activity, The Securities and Exchange Commission has divulged that Zeitlin Jide James, director of Coach Inc, had unloaded 3,206 shares at an average price of $37.32 in a transaction dated on June 14, 2016. The total value of the transaction was worth $119,648.

Shares of Coach, Inc. rose by 6.55% in the last five trading days and 12.52% for the last 4 weeks. Coach, Inc. is up 10.12% in the last 3-month period. Year-to-Date the stock performance stands at 32.39%.

Coach (NYSE:COH): stock turned positive on Tuesday. Though the stock opened at $41.9, the bulls momentum made the stock top out at $42.64 level for the day. The stock recorded a low of $41.9 and closed the trading day at $42.59, in the green by 1.45%. The total traded volume for the day was 3,784,562. The stock had closed at $41.98 in the previous days trading.

Coach, Inc. (Coach) is a design house of modern luxury accessories and lifestyle collections. The Company operates through three segments: North America, which includes sales to North American consumers through Coach-branded stores (including the Internet) and sales to wholesale customers; International segment, which includes sales to consumers through Coach-branded stores (including the Internet) and concession shop-in-shops in Japan and mainland China, Coach-operated stores and concession shop-in-shops in Hong Kong, Macau, Singapore, Taiwan, Malaysia, South Korea, the United Kingdom, France, Ireland, Spain, Portugal, Germany, Italy, Belgium and the Netherlands, as well as sales to wholesale customers and distributors in approximately 45 countries, and Other segment, which consists of sales and expenses generated by the Coach brand in other ancillary channels, including licensing and disposition. Its product offerings include watches, footwear, scarves and jewelry.

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