Oxford Industries (OXM) : Tuesdays money flow analysis of Oxford Industries (OXM) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $5.59 million. In comparison, the inflow of money on upticks was a meager $4.46 million. The dollar value of composite uptick trades minus the downtick trades was negative $1.13 million. The uptick to downtick ratio of 0.8 in the money flow shows weakness. The downtick transaction value was high at $0.1 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($0 million). Oxford Industries (OXM) gained $0.07 at $64.48, a change of 0.11% over the previous days close.
Also, In the latest statement by the brokerage house, SunTrust Robinson Humphrey maintains its outlook on Oxford Industries (NYSE:OXM). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm lowers the price target from $95 per share to $80 per share. The rating by the firm was issued on June 8, 2016.
Shares of Oxford Industries Inc. rose by 0.13% in the last five trading days and 10.75% for the last 4 weeks. Oxford Industries Inc. has dropped 0.56% during the last 3-month period . Year-to-Date the stock performance stands at 1.12%.
Oxford Industries (NYSE:OXM): The stock opened at $64.50 on Tuesday but the bulls could not build on the opening and the stock topped out at $65.25 for the day. The stock traded down to $62.50 during the day, due to lack of any buying support eventually closed down at $63.69 with a loss of -1.12% for the day. The stock had closed at $64.41 on the previous day. The total traded volume was 465,231 shares.
In a related news,The officer (CEO, TOMMY BAHAMA GROUP) of Oxford Industries Inc, Pillow Terry R sold 5,000 shares at $86.08 on June 10, 2015. The Insider selling transaction had a total value worth of $430,400. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Oxford Industries, Inc. is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama and Lilly Pulitzer lifestyle brands, as well as certain licensed and private label apparel products. The Company’s business is primarily operated through its Tommy Bahama, Lilly Pulitzer and Lanier Apparel operating groups. Tommy Bahama designs, sources, markets and distributes men’s and women’s sportswear and related products. Lilly Pulitzer designs, sources, markets and distributes upscale collections of women’s and girl’s dresses, sportswear and related products. Lanier Apparel designs, sources and distributes branded and private label men’s apparel, including tailored clothing, casual pants and sportswear, across a range of price points, with the majority of the business at moderate price points. The Company operates over 120 Tommy Bahama and over 30 Lilly Pulitzer full-price retail stores.