Large Inflow of Money Detected in Foot Locker

Foot Locker (FL) : $13.91 million worth of transactions were on upticks in Foot Locker (FL), compared to $12.13 million on downticks. The ratio between the two was 1.15, whereas, the net money flow stood at a healthy $1.77 million on Mondays session. The consistent buying on upticks in the stock accounted for $1.25million worth of trades. The total money flow into the stock stood at $1.25 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.08%. The stock was trading at $61.09, with a drop of $0.05 over the previous days close. The stock recorded 3.91% for the week.


Shares of Foot Locker, Inc. rose by 3.78% in the last five trading days and 6.12% for the last 4 weeks. Foot Locker, Inc. is up 3.64% in the last 3-month period. Year-to-Date the stock performance stands at -4.75%.

Foot Locker (NYSE:FL): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $61.22 and $60.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $61.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $61.18, notching a gain of 0.07% for the day. The total traded volume was 1,758,702 . The stock had closed at $61.14 on the previous day.

In a related news,The director of Foot Locker, Inc., Gilbert Jarobin Jr sold 1,000 shares at $57.35 on July 8, 2016. The Insider selling transaction had a total value worth of $57,350. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Foot Locker, Inc. is a retailer of shoes and apparel. The Company operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction and SIX:02, as well as the retail stores of Runners Point Group, including Runners Point and Sidestep. The Direct-to-Customers segment includes, Inc. and other affiliates, including Eastbay, Inc., and the direct-to-customer subsidiary of Runners Point Group, which sell to customers through their Internet and mobile sites and catalogs. As of January 31, 2015, the Company operated 3,423 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand. As of January 31, 2015, the Company operated a total of 78 franchised stores, of which 31 are in the Middle East, 27 in Germany and Switzerland, and 20 in the Republic of Korea.

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