Large Outflow of Money Witnessed in Gap (The)

Gap (The) (NYSE:GPS) During the most recent session, the shares traded at 0.07 points or 0.34% higher at $18.99. The money flow data is unimpressive with the net money flow value of $(-1.12) million. As per the intraday data, the upticks measured $6.46 million and the downticks measured $7.58 million. As a result, the up/down ratio registered a value of 0.85. The shares have seen -0.55% price change for the week.


Currently the company Insiders own 30% of Gap (The) shares according to the proxy statements. Institutional Investors own 58.01% of Gap (The) shares. During last six month period, the net percent change held by insiders has seen a change of -73.9%. On the companys insider trading activities, Owen Andi, officer (Global Pres., Banana Republic) of Gap Inc, unloaded 11,381 shares at an average price of $30.19 on March 21, 2016. The total amount of the transaction was worth $343,592, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Gap (The) (NYSE:GPS) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.01 points or 0.05% at $18.91 with 4,813,151 shares getting traded. Post opening the session at $18.92, the shares hit an intraday low of $18.77 and an intraday high of $19.1299 and the price was in this range throughout the day. The company has a market cap of $7,526 million and the number of outstanding shares have been calculated to be 397,964,340 shares. The 52-week high of Gap (The) (NYSE:GPS) is $39.59 and the 52-week low is $17.

Many analysts have stated their opinion on the company shares. Standpoint Research upgrades its rating on Gap (The) (NYSE:GPS). Analysts at the Standpoint Research have a current rating of Buy on the shares. The shares were previously rated Hold. The rating by the firm was issued on June 7, 2016.

The Gap, Inc. is an apparel retail company. The Company offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta and Intermix brands. In addition to operating in the specialty, outlet, online and franchise channels, Gap Inc. is an apparel retailer in using omni-channel capabilities for digital world and physical stores. Its omni-channel services include order-in-store, reserve-in-store, find-in-store and ship-from-store that are tailored across its portfolio of brands. Gap includes GapKids, babyGap, GapMaternity, GapBody and GapFit collections. It also offers handbags, shoes, jewelry, eyewear and personal care products, among others. It has Company-operated stores in the United States, Canada, the United Kingdom, France, Ireland, Japan, Italy, China and Hong Kong. It operates Gap, Banana Republic and Old Navy stores throughout Asia, Australia, Europe, Latin America, the Middle East and Africa.

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