Shares of Coach (NYSE:COH) Sees Large Outflow of Money

Shares of Coach (NYSE:COH) traded 0.93 points or 2.35% higher at $40.33.The total intraday money flow for the shares came in at a disappointing $(-2.16) million. The total upticks amounted to $18.8 million and the total downticks were approximately $20.96 million, with the up/down ratio of 0.9. On a different note, the shares have seen 3.82% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $1.07 million in upticks and an outflow of $2.37 million in downticks. The up/down ratio for the block was found to be 0.45. The net money flow for the block transaction was $(-1.3) million.


The stock has recorded a 20-day Moving Average of 4.22% and the 50-Day Moving Average is 3.42%. The company shares have rallied 8.75% in the past 52 Weeks. On April 27, 2016 The shares registered one year high of $42.13 and one year low was seen on September 29, 2015 at $27.22. The 50-day moving average is $38.98 and the 200 day moving average is recorded at $36.94. S&P 500 has rallied 1.93% during the last 52-weeks.

Coach (NYSE:COH): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.50 and $39.48 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.46. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.41, notching a gain of 2.56% for the day. The total traded volume was 5,426,645 . The stock had closed at $39.40 on the previous day.

Currently the company Insiders own 0.64% of Coach shares according to the proxy statements. Institutional Investors own 87.69% of Coach shares. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Coach Inc, Zeitlin Jide James had sold 3,206 shares worth of $119,648 in a transaction dated June 14, 2016. In this transaction, 3,206 shares were sold at $37.32 per share.

Coach, Inc. (Coach) is a design house of modern luxury accessories and lifestyle collections. The Company operates through three segments: North America, which includes sales to North American consumers through Coach-branded stores (including the Internet) and sales to wholesale customers; International segment, which includes sales to consumers through Coach-branded stores (including the Internet) and concession shop-in-shops in Japan and mainland China, Coach-operated stores and concession shop-in-shops in Hong Kong, Macau, Singapore, Taiwan, Malaysia, South Korea, the United Kingdom, France, Ireland, Spain, Portugal, Germany, Italy, Belgium and the Netherlands, as well as sales to wholesale customers and distributors in approximately 45 countries, and Other segment, which consists of sales and expenses generated by the Coach brand in other ancillary channels, including licensing and disposition. Its product offerings include watches, footwear, scarves and jewelry.

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