Large Outflow of Money Witnessed in Dollar General Corporation

Dollar General Corporation (DG) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (2.65 million) in Dollar General Corporation (DG). On Friday, The value of composite uptick trades was $16.34 million, whereas, the value of composite downtick trades was $18.99 million and the ratio between the two was 0.86, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $2.39 million. The negative money flow of ($2.39 million) shows selling on strength. Dollar General Corporation (DG) gained $0.99 intraday at $95.03 and registrered 1.05% for the week.


Dollar General Corporation (DG) : The most positive equity analysts on Dollar General Corporation (DG) expects the shares to touch $105, whereas, the least positive believes that the stock will trade at $90 in the short term. The company is covered by 15 Wall Street Brokerage Firms. The average price target for shares are $98.93 with an expected fluctuation of $4.3 from the mean.

Dollar General Corporation (NYSE:DG): stock turned positive on Friday. Though the stock opened at $93.99, the bulls momentum made the stock top out at $95.25 level for the day. The stock recorded a low of $93.99 and closed the trading day at $95.15, in the green by 1.18%. The total traded volume for the day was 1,498,524. The stock had closed at $94.04 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that Elliott Anita C, officer (SVP & Chief Accounting Officer) of Dollar General Corp, had unloaded 2,947 shares at an average price of $91.11 in a transaction dated on June 3, 2016. The total value of the transaction was worth $268,501.

Dollar General Corporation is the discount retailer in the United States. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. Consumables category includes paper and cleaning products; packaged food; perishables; snacks; health and beauty; pet and tobacco products. Seasonal products include decorations, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, automotive and home office supplies. Home products includes kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, bed and bath soft goods. Apparel includes casual everyday apparel for infants, toddlers, girls, boys, women and men, as well as socks, underwear, disposable diapers, shoes and accessories. Its merchandise includes national brands and private brands selections. It operates approximately 11,879 stores located in over 43 states.

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