Shares of Williams-Sonoma (WSM) Sees Large Outflow of Money

Williams-Sonoma (WSM) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($0.9 million) and the uptick to downtick ratio was 0.79. The transaction value on upticks was $3.38 million and on downticks, the transaction value was $4.29 million. The transaction value of block trades during downticks was $0.54 million. The money flow was negative ($0.54 million), indicating the traders were booking profit on the price strength. Williams-Sonoma (WSM) rose $0.02 at $53.29, during intraday Tuesday , a rise of 0.04% over the previous days close.


Also, In the latest statement by the brokerage house, Barclays maintains its outlook on Williams-Sonoma (NYSE:WSM). The current rating of the shares is Underweight, according to the research report released by the firm. The brokerage firm maintains the price target at $45 per share. The rating by the firm was issued on August 25, 2016.

Williams-Sonoma Inc. has lost 1.75% in the last five trading days and dropped 0.5% in the last 4 weeks. Williams-Sonoma Inc. is up 1.02% in the last 3-month period. Year-to-Date the stock performance stands at -6.88%.

Williams-Sonoma (NYSE:WSM): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.16 and $52.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.32, notching a gain of 0.09% for the day. The total traded volume was 1,347,761 . The stock had closed at $53.27 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Whalen Julie, officer (EVP CHIEF FINANCIAL OFFICER) of Williams Sonoma Inc, had unloaded 13,500 shares at an average price of $52.85 in a transaction dated on June 1, 2016. The total value of the transaction was worth $713,475.

Williams-Sonoma, Inc. is an e-commerce and multi-channel specialty retailer of products for the home with some brands in home furnishings. The Company operates in two segments: e-commerce and retail. The e-commerce segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sells its products through its e-commerce Websites and direct-mail catalogs. The retail segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation, which sells its products through its retail stores. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom, and franchises its brands to third-parties in various countries in the Middle East and the Philippines. The Companys products are also available to customers through its catalogs and online across the world.

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