Large Inflow of Money Witnessed in Sally Beauty Holdings

Sally Beauty Holdings (NYSE:SBH) witnessed a selling pressure and the shares last traded with a loss of -0.41 points or -1.42% at $28.46. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $3.4 million with an inflow of $7.28 million in upticks and an outflow of $3.88 million in downticks. Using the data, the up/down ratio is found to be 1.88. The share price has recorded -1.25% on a weekly basis.A block trade of $3.36 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $3.36, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 2.38% and the 50-Day Moving Average is 4.55%. The company shares have dropped 6.48% in the past 52 Weeks. On March 30, 2016 The shares registered one year high of $32.93 and one year low was seen on October 22, 2015 at $21.94. The 50-day moving average is $29.43 and the 200 day moving average is recorded at $29.55. S&P 500 has rallied 1.93% during the last 52-weeks.

Sally Beauty Holdings (NYSE:SBH): The stock opened at $28.87 on Tuesday but the bulls could not build on the opening and the stock topped out at $28.96 for the day. The stock traded down to $28.44 during the day, due to lack of any buying support eventually closed down at $28.48 with a loss of -1.35% for the day. The stock had closed at $28.87 on the previous day. The total traded volume was 1,158,459 shares.

Currently the company Insiders own 1.18% of Sally Beauty Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.67% . During last six month period, the net percent change held by insiders has seen a change of -33.39%. On the companys insider trading activities, Eisenberg Marshall E, director of Sally Beauty Holdings, Inc., unloaded 12,000 shares at an average price of $30.32 on June 2, 2016. The total amount of the transaction was worth $363,840, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Sally Beauty Holdings, Inc. (Sally Beauty) is a retailer and distributor of beauty supplies. The Company operates in North America, South America and Europe. Sally Beauty operates through two business segments namely Sally Beauty Supply and Beauty Systems Group (BSG). Sally Beauty provides its customers with a variety of third-party branded beauty supplies, including hair color products, hair care products, styling appliances, brushes, nail care products, ethnic products and beauty items. Sally Beauty Supply is an open-line distributor of professional beauty supplies in the United States. Sally beauty supply products are sold in shopping centers, grocery stores, mass merchants and home centers. BSG is a full-service distributor of beauty supplies in North America. BSG and Armstrong McCall stores provide beauty product SKUs that include hair color, hair care, skin and nail care, beauty sundries and electrical appliances. BSG stores are located in secondary strip shopping centers.

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