Large Inflow of Money Witnessed in Foot Locker

Foot Locker (NYSE:FL) had a weak trading session and its shares were last down at $53.56, down -0.16% or -0.3 points. The trading data also revealed that the total net flow stood at $0.9 million as the shares had $1.13 million in upticks but lost $0.24 million in downticks. The up/down ratio was 4.77. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -0.17% in the shares.The block trade data suggests an inflow of $0.87 million in upticks and an outflow of $0 million in downticks. The up/down ratio for the block stood at 0. The net money flow for this transaction was recorded at $0.87.


The stock has recorded a 20-day Moving Average of 1.4% and the 50-Day Moving Average is 7.11%. The company shares have dropped 18.42% in the past 52 Weeks. On September 25, 2015 The shares registered one year high of $77.25 and one year low was seen on June 17, 2016 at $52.7. The 50-day moving average is $56.8 and the 200 day moving average is recorded at $62.4. S&P 500 has rallied 1.93% during the last 52-weeks.

Foot Locker (NYSE:FL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.89 and $53.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.31. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.96, notching a gain of 0.45% for the day. The total traded volume was 1,438,488 . The stock had closed at $53.72 on the previous day.

Currently the company Insiders own 2.9% of Foot Locker shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -20.14% . Institutional Investors own 98.79% of Foot Locker shares. During last six month period, the net percent change held by insiders has seen a change of -11.51%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Mckenna Matthew M, director of Foot Locker, Inc., had unloaded 10,628 shares at an average price of $62.35 in a transaction dated on April 8, 2016. The total value of the transaction was worth $662,656.

Foot Locker, Inc. is a retailer of shoes and apparel. The Company operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction and SIX:02, as well as the retail stores of Runners Point Group, including Runners Point and Sidestep. The Direct-to-Customers segment includes, Inc. and other affiliates, including Eastbay, Inc., and the direct-to-customer subsidiary of Runners Point Group, which sell to customers through their Internet and mobile sites and catalogs. As of January 31, 2015, the Company operated 3,423 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand. As of January 31, 2015, the Company operated a total of 78 franchised stores, of which 31 are in the Middle East, 27 in Germany and Switzerland, and 20 in the Republic of Korea.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.