Shares of Signet Jewelers Limited (NYSE:SIG) Sees Large Inflow of Net Money Flow

Signet Jewelers Limited (NYSE:SIG) dropped -0.52% or -0.47 points to trade at $89.13 per share. As per the latest trading data available, the net money flow stood at $15.41 million as the shares received $63.94 million in upticks and gave away $48.53 million in downticks. The final up/down ratio was at 1.32. On a weekly basis, the stock has seen a change of 1.07%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 5.79. $15.65 million was the inflow in upticks and $2.7 million was the outflow in downticks. For the block trade, the net money flow was $12.94 million.


Currently the company Insiders own 0.36% of Signet Jewelers Limited shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 7.1% . Institutional Investors own 96.45% of Signet Jewelers Limited shares. During last six month period, the net percent change held by insiders has seen a change of 7.1%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of Signet Jewelers Ltd, Light Mark, had purchased 2,897 shares in a transaction dated on June 7, 2016. The transaction was executed at $86.22 per share with total amount equaling $249,779.

Signet Jewelers Limited (NYSE:SIG) stock ended Monday session in the red zone in a volatile trading. The stock closed down 3.62 points or 4.06% at $85.51 with 1,463,149 shares getting traded. Post opening the session at $89, the shares hit an intraday low of $85.32 and an intraday high of $89.1 and the price was in this range throughout the day. The company has a market cap of $6,670 million and the number of outstanding shares have been calculated to be 78,005,828 shares. The 52-week high of Signet Jewelers Limited (NYSE:SIG) is $152.27 and the 52-week low is $84.15.

Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, Nomura maintains its outlook on Signet Jewelers Limited (NYSE:SIG). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm lowers the price target from $169 per share to $148 per share. The rating by the firm was issued on May 31, 2016.

Signet Jewelers Limited is a retailer of jewelry, watches and associated services in the United States, Canada and the United Kingdom. The Company manages its business through four segments: the Sterling Jewelers division, the UK Jewelry division, the Zale division, which consists of Zale Jewelry and Piercing Pagoda, and the Other segment. The Other segment includes subsidiaries involved in purchasing and conversion of rough diamonds to polished stones and unallocated corporate administrative functions. The Company operates retail jewelry stores in real estate formats, including mall-based, free-standing, strip center and outlet store locations. The Company operated approximately 3,579 stores and kiosks across 4.8 million square feet of retail space.

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