Large Inflow of Money Detected in L Brands

L Brands (LB) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $21.86 million worth of transactions were on upticks, whereas, the downticks accounted for $14.92 million worth of transactions. The net money flow was a positive $6.94 million and the uptick to downtick ratio was 1.47. The net money flow into the stock was $7.33 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $7.33 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. L Brands (LB) was trading at $73.66, down $0.14 during day. The stock slid -0.19% over the previous days close. For the week, the stock recorded -1.29% over the previous weeks close.


Shares of L Brands, Inc. rose by 0.51% in the last five trading days and 7.03% for the last 4 weeks. L Brands, Inc. is up 13% in the last 3-month period. Year-to-Date the stock performance stands at -19.21%.

L Brands (NYSE:LB): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.98 and $73.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $74.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $74.34, notching a gain of 0.92% for the day. The total traded volume was 1,570,440 . The stock had closed at $73.66 on the previous day.

In a related news, Tessler Allan R, director of L Brands, Inc., had purchased 3,500 shares on June 24, 2016. The total value of the transaction was $237,720. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

L Brands, Inc. operates specialty retail business. The Company is a specialty retailer of womens intimate and other apparel, beauty and personal care products and accessories. It operates in three segments: Victorias Secret, which includes Victorias Secret PINK, which is the specialty retailer of womens intimate and other apparel with fashion-inspired collections, prestige fragrances, celebrated supermodels and world-famous runway shows; Bath & Body Works, which is the specialty retailer of home fragrance and personal care products, including shower gels, lotions, soaps and sanitizers, and Victorias Secret and Bath & Body Works International, which includes the Victorias Secret and Bath & Body Works company-owned and partner-operated stores outside of the United States and Canada. It sells its merchandise through company-owned specialty retail stores in the United States, Canada and the United Kingdom, which are primarily mall-based, and through its Websites and other channels.

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