Shares of Walgreens Boots Alliance (WBA) Sees Large Inflow of Net Money Flow

Walgreens Boots Alliance (WBA) : On Friday, The money flowed into the Walgreens Boots Alliance (WBA) stock with an uptick to downtick ratio was recorded at 2.14. Transactions worth $71.8 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $33.53 million. The total money flow into the stock was $38.27 million. The block trades reveal a bullish bias with an up-down ratio of 14.46. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $41.22 million of block transactions on upticks. The value of block trades on downticks was $2.85 million, indicating lower selling interest. The total money flow in block trades was $38.37 million. In terms of price action, Walgreens Boots Alliance (WBA) traded down $0.35 during the session at $81.35. Compared to the previous days closing, the stock was down only by -0.43%. For the week, the stock is -1.41%, over previous weeks closing.


Walgreens Boots Alliance (WBA) : 15 Wall Street analysts covering Walgreens Boots Alliance (WBA) believe that the average level the stock could reach for the short term is $93.27. The maximum price target given is $103 and the minimum target for short term is around $79, hence the standard deviation is calculated at $6.35.

Walgreens Boots Alliance (NASDAQ:WBA): On Fridays trading session , Opening price of the stock was $82.33 with an intraday high of $82.41. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $81.23. However, the stock managed to close at $81.35, a loss of 0.43% for the day. On the previous day, the stock had closed at $81.7. The total traded volume of the day was 3,159,763 shares.

In a related news, The officer (EVP and Global Chief HRO), of Walgreens Boots Alliance, Inc., Wilson-Thompson Kathleen had unloaded 29,695 shares at $83 per share in a transaction on July 14, 2016. The total value of transaction was $2,464,685. The Insider information was revealed by 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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