Large Inflow of Money Detected in lululemon athletica

lululemon athletica (LULU): $1.15 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.15. The value of trades done on upticks was $9.06 million, whereas, trades done on downticks were valued at $7.9 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.77 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.77 million. lululemon athletica (LULU) fell $0.12 traded at $77.18, a change of -0.16% over the previous day. The stock is -0.8% for the week.


Also, In a research note released to the investors, SunTrust Robinson Humphrey maintains its rating on lululemon athletica (NASDAQ:LULU).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, SunTrust Robinson Humphrey raises the new price target from $79 per share to $83 per share. The rating by the firm was issued on June 9, 2016.

lululemon athletica (NASDAQ:LULU): The stock opened at $77.60 on Wednesday but the bulls could not build on the opening and the stock topped out at $77.74 for the day. The stock traded down to $76.93 during the day, due to lack of any buying support eventually closed down at $77.17 with a loss of -0.17% for the day. The stock had closed at $77.30 on the previous day. The total traded volume was 1,383,187 shares.

The stock has recorded a 20-day Moving Average of 4.09% and the 50-Day Moving Average is 11.48%. In a related news, Pitcher Rhoda M., director of Lululemon Athletica Inc., unloaded 5,310 shares at an average price of $67.31 on April 1, 2016. The total amount of the transaction was worth $357,416, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

lululemon athletica inc. is a designer and retailer of technical athletic apparel. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, general fitness and dance-inspired apparel for female youth. The Company conducts its business through two channels: corporate-owned stores and direct to consumer. The Company markets its athletic apparel under the lululemon athletica and ivivva athletica brand names. As of February 1, 2015, the Companys retail footprint included 211 stores in the United States, 57 stores in Canada, 26 stores in Australia, five in New Zealand, two in the United Kingdom and one in Singapore. The Companys retail stores are located primarily on street locations, in lifestyle centers and in malls.

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