Large Inflow of Money Detected in Lowes Companies

Lowes Companies (LOW) : Tuesdays money flow indicated an uptick to downtick ratio was at 1.49. The total value of inflow transactions on upticks was $51.36 million, whereas, the total value of outflow trades on downticks was $34.37 million. The total money flow was $16.99 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $20.33 million. The total value of the trades done on upticks was $21.22 million. Downticks saw transactions worth $0.89 million. The total uptick to downtick ratio stood at 23.88, mildly in favor of the bulls. Lowes Companies (LOW) was trading with a -0.8% change over previous days close. It fell $0.62 during the day and reached $76.56. The stock was -0.44% compared to the previous weeks close.


Also, BMO Capital maintains its view on Lowes Companies (NYSE:LOW) according to the research report released by the firm to its investors. The shares have now been rated Outperform by the stock experts at the ratings house. BMO Capital raises the price target from $76.43 per share to $86 per share on Lowes Companies . The rating by the firm was issued on August 22, 2016.

Lowes Companies, Inc. has lost 0.96% in the last five trading days and dropped 6.99% in the last 4 weeks. Lowes Companies, Inc. has dropped 4.21% during the last 3-month period . Year-to-Date the stock performance stands at 1.89%.

Lowes Companies (NYSE:LOW): The stock opened at $77.14 on Tuesday but the bulls could not build on the opening and the stock topped out at $77.41 for the day. The stock traded down to $76.43 during the day, due to lack of any buying support eventually closed down at $76.56 with a loss of -0.80% for the day. The stock had closed at $77.18 on the previous day. The total traded volume was 3,026,141 shares.

In a related news,The officer (CDO & President, Intl) of Lowes Companies Inc, Maltsbarger Richard D sold 12,656 shares at $80.21 on May 31, 2016. The Insider selling transaction had a total value worth of $1,015,138. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Lowes Companies, Inc. (Lowes) is a home improvement retailer. As of January 30, 2015, Lowes operated 1,840 home improvement and hardware stores, representing approximately 201 million square feet of retail selling space. Lowes is consisted of 1,793 stores located across 50 states in the United States, including 74 Orchard Supply Hardware (Orchard) stores in California and Oregon, as well as 37 stores in Canada, and 10 stores in Mexico. It serves homeowners, renters, and professional customers (Pro customers). Its retail customers, consisted of individual homeowners and renters, complete a range of projects. The Pro customer consists of two categories: construction trades, and maintenance, repair and operations. The Company offers a range of products for maintenance, repair, remodeling, and decorating.

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