Shares of Chicos FAS (CHS) Sees Large Inflow of Net Money Flow

Chicos FAS (CHS) : Investors lapped up stocks on upticks to the tune of $4.23 million in the Fridays trading session. The trading value on downticks was comparatively at $1.41 million and the uptick to downtick ratio of 2.99 indicates continuous buying by the bulls. The net money flow into the stock was $2.82 million. The block trades were dominated by the bulls with a healthy 22.12, uptick to downtick ratio. Only $0.13 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $2.79 clearly indicating buying by large investors. The total money flow for block trades stood at $2.66 million, which is a positive for the stock in the long-term. Chicos FAS (CHS) fell $0.07 during the day at $11.57, a drop of -0.6% over the previous days close. However, for the week, the stock is 0%, compared to the previous week.


Chicos FAS (CHS) : The consensus price target for Chicos FAS (CHS) is $12.83 for the short term with a standard deviation of $1.7. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $17, however, the pessimist price target for the company is $11.

Chicos FAS (NYSE:CHS): On Fridays trading session , Opening price of the stock was $11.62 with an intraday high of $11.69. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $11.41. However, the stock managed to close at $11.57, a loss of 0.60% for the day. On the previous day, the stock had closed at $11.64. The total traded volume of the day was 1,409,138 shares.

In a related news, The officer (Brand President WH|BM), of Chicos Fas Inc, Noce Colaco Donna had unloaded 40,000 shares at $13.02 per share in a transaction on April 4, 2016. The total value of transaction was $520,800. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Chicos FAS, Inc. is a specialty retailer of womens private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items operating under the Chicos, White House/Black Market (WH/BM), Soma Intimates (Soma) and Boston Proper brand names. The Chicos brand sells designed, private branded clothing focusing on women 40 and over. The WHBM brand offers feminine and alternative to designer fashion selling fashionable and clothing and accessory items, primarily in black and white and related shades with seasonal color splashes. The Soma brand sells designed private branded lingerie, loungewear and beauty products women who are 35 years old and over. The Boston Proper brand sells womens apparel and accessories, marketed to affluent women between 35-55 years old.

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