Large Outflow of Money Witnessed in Bed Bath & Beyond

Bed Bath & Beyond (BBBY): The stock had negative money flow to the tune of ($4.99 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $6.66 million, whereas, the outflow of money on downticks was $11.65 million and the ratio between the two was 0.57. The block trade had a negative net money flow of ($4.99 million). The total block trade value undertaken on upticks was $0.88 million. On the other hand, downticks amounted to $5.87 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.15. Bed Bath & Beyond (BBBY) closed with marginal gains of 36 cents to end the day at $44.48, an increase of 0.82% over the previous days close. The stock recorded 0.25% for the week.


Bed Bath & Beyond (BBBY) : Average target price received by Bed Bath & Beyond (BBBY) is $44.85 with an expected standard deviation of $5.58. The most aggressive target on the stock is $55, whereas the most downbeat target is $35. 13 financial analysts are currently covering the stock.

Bed Bath & Beyond (NASDAQ:BBBY): stock turned positive on Friday. Though the stock opened at $44.33, the bulls momentum made the stock top out at $44.585 level for the day. The stock recorded a low of $43.87 and closed the trading day at $44.48, in the green by 0.82%. The total traded volume for the day was 1,003,558. The stock had closed at $44.12 in the previous days trading.

In a related news,The director officer (Chief Executive Officer) of Bed Bath & Beyond Inc, Temares Steven H sold 223,678 shares at $45.81 on May 10, 2016. The Insider selling transaction had a total value worth of $10,246,689. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Bed Bath & Beyond Inc. and subsidiaries is a retailer selling an assortment of domestics merchandise and home furnishings, which operates under the names Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, Harmon or Harmon Face Values, buybuy BABY and World Market, Cost Plus World Market or Cost Plus. Customers can purchase products from the Company either in-store, online or through a mobile device. In addition, the Company operates Of a Kind, an e-commerce Website that features specially commissioned, limited edition items from emerging fashion and home designers. It also operates Linen Holdings, a provider of a variety of textile products, amenities and other goods to institutional customers in the hospitality, cruise line, healthcare and other industries. The Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. It sells an assortment of domestics merchandise and home furnishings.

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