Shares of Brinker International (EAT) Sees Large Outflow of Money

Brinker International (EAT) : The total money flow in Brinker International (EAT) was negative ($9.54 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $47.46 million. In comparison, the inflow of money into the stock on upticks was $37.92 million. The uptick to downtick ratio was 0.8. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $16.85 million. The value of transactions on uptick was $10.65 million. The negative money flow of ($6.19 million) confirms the selling in Brinker International (EAT) on strength. The uptick to downtick ratio of block trades was 0.63. Brinker International (EAT) gained $1.41 at $54.13, a gain of 2.67% over the previous days close. However, the stock registered 16.03% in the week.


Shares of Brinker International, Inc. rose by 18.05% in the last five trading days and 13.17% for the last 4 weeks. Brinker International, Inc. is up 21.59% in the last 3-month period. Year-to-Date the stock performance stands at 15.72%.

Brinker International (NYSE:EAT): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $54.13 and $54.03 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $55.16. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.74, notching a gain of 1.13% for the day. The total traded volume was 1,467,029 . The stock had closed at $54.13 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Taylor Joseph G, officer (VP, Corp. Affairs & Inv. Rel.) of Brinker International Inc, had unloaded 2,500 shares at an average price of $46.87 in a transaction dated on May 3, 2016. The total value of the transaction was worth $117,175.

Brinker International, Inc. (Brinker) owns, develops, operates and franchises the Chilis Grill & Bar (Chilis) and Maggianos Little Italy (Maggianos) restaurant brands. At September 24, 2014, the Company owned, operated or franchised 1,622 restaurants in the United States and 29 countries and two territories outside of the United States. Chilis operates in the Bar and Grill category of casual dining. The Company has operations around the world, with locations in 32 foreign countries and two United States territories. Maggianos is a full-service, casual dining Italian restaurant brand. Its Maggianos restaurants feature individual and family-style menus, and its restaurants also have banquet facilities designed to host party business or social events.

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