Large Outflow of Money Witnessed in J.C. Penney Company Holding Company

J.C. Penney Company Holding Company (JCP) : The total money flow in J.C. Penney Company Holding Company (JCP) was negative ($5 million), showing the domination of sellers in the Friday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $17.84 million. Transactions on upticks were comparatively lower at $12.85 million. The uptick to downtick ratio was 0.72. The total block trades done on upticks were valued at $3.95 million. The total block trades on downticks were valued at $7.97 million. The uptick to the downtick ratio of block trades was 0.5. The money flow during block trades was negative ($4.02 million) when the stock traded with a gain of $5 cent. J.C. Penney Company Holding Company (JCP) was $9.14, an increase of 0.55% over the previous days close.


J.C. Penney Company Holding Company (JCP) : The highest level J.C. Penney Company Holding Company (JCP) is projected to reach is $19 for the short term and the lowest estimate is at $5. The consolidated price target from 16 rating analysts who initiate coverage on the stock is $10.72 and the possibility the share price can swing is $3.69.

J.C. Penney Company Holding Company (NYSE:JCP): stock turned positive on Friday. Though the stock opened at $9.15, the bulls momentum made the stock top out at $9.19 level for the day. The stock recorded a low of $8.9401 and closed the trading day at $9.15, in the green by 0.66%. The total traded volume for the day was 10,483,685. The stock had closed at $9.09 in the previous days trading.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of J C Penney Co Inc, Tysoe Ronald W, had purchased 25,000 shares in a transaction dated on May 17, 2016. The transaction was executed at $7.24 per share with total amount equaling $181,000.

J. C. Penney Company, Inc. (JCPenney) is a holding company. The Companys operating subsidiary is J. C. Penney Corporation, Inc. (JCP). The Companys business consists of selling merchandise and services to consumers through its department stores and Website at, which utilizes applications for desktop, mobile and tablet devices. The Companys online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers warehouses and by in store customer pick up. The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney and home furnishings. The Companys department stores provide its customers with services, such as styling salon, optical, portrait photography and custom decorating.

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