Large Inflow of Money Detected in CST Brands

CST Brands (CST) stock had a bullish inflow of $4.98 million worth of trades on uptick and an outflow of $2.87 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.74. The net money flow into the stock was $2.12 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.26 million. $1.26 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, CST Brands (CST) stock traded down $0.05 , and reached $45.26, a drop of -0.11% over the previous day. On a weekly basis, the stock is 2.75%, over the previous weeks close.


Also, Jefferies initiates coverage on CST Brands (NYSE:CST). In the latest research report, Jefferies announces the target price to $39 per share. According to the latest information available, the shares are now rated Hold by the analysts at the agency. The rating by the firm was issued on April 7, 2016.

CST Brands (NYSE:CST): The stock opened at $45.50 on Wednesday but the bulls could not build on the opening and the stock topped out at $45.67 for the day. The stock traded down to $45.06 during the day, due to lack of any buying support eventually closed down at $45.26 with a loss of -0.11% for the day. The stock had closed at $45.31 on the previous day. The total traded volume was 440,008 shares.

The stock has recorded a 20-day Moving Average of 3.99% and the 50-Day Moving Average is 9.3%. In a related news, Sonnier Gerard J, officer (SVP, GC and Secretary) of Cst Brands, Inc. had purchased 1,000 shares on March 11, 2016 in a transaction. The price per share was $39.5 and the total amount of the disclosed transaction was $39,500.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

CST Brands, Inc. (CST) is a holding company. The Company is an independent retail and wholesale distributors of motor fuel and convenience merchandise and services in North America. Its retail operations include the sale of motor fuel at convenience stores, commission agents and cardlocks; the sale of convenience merchandise items and services at convenience stores, and the sale of heating oil to residential customers and heating oil and motor fuel to small commercial customers. The Company operates in three segments: U.S. Retail, which is the Company, owned and operated convenience store businesses; Canadian Retail, which includes company owned and operated convenience stores, commission agents, cardlocks and heating oil operations located in Canada, and CrossAmerica, which distributes motor fuel to lessee dealers, independent dealers, affiliated dealers, CSTs U.S. Retail Segment and sub-wholesalers, retail commission agents and non-core Company operated convenience stores.

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