Large Outflow of Money Witnessed in Dollar Tree

Dollar Tree (DLTR) : Fridays money flow analysis of Dollar Tree (DLTR) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $18.97 million. In comparison, the inflow of money on upticks was a meager $15.99 million. The dollar value of composite uptick trades minus the downtick trades was negative $2.98 million. The uptick to downtick ratio of 0.84 in the money flow shows weakness. The uptick block trades were valued at $2.24 million. The downtick transaction value was high at $5.96 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.38. Hence, the net money flow in the stock was negative ($3.72 million). Dollar Tree (DLTR) gained $0.91 at $95.57, a change of 0.96% over the previous days close.


Dollar Tree (DLTR) : 15 investment research analysts covering Dollar Tree (DLTR) have an average price target of $95.88 for the near short term. The highest target price given by the Brokerage Firm to the stock is $106 and the lowest target is $80 for the short term. Analysts expect the variance to be within $8.25 of the average price.

Dollar Tree (NASDAQ:DLTR): stock turned positive on Friday. Though the stock opened at $95.06, the bulls momentum made the stock top out at $96.14 level for the day. The stock recorded a low of $94.67 and closed the trading day at $96.13, in the green by 1.55%. The total traded volume for the day was 1,687,962. The stock had closed at $94.66 in the previous days trading.

In a related news, The director, of Dollar Tree Inc, Saunders Thomas A had unloaded 5,000 shares at $95.5 per share in a transaction on July 11, 2016. The total value of transaction was $477,500. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Dollar Tree, Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price of $ 1.00. The Company offers a selection of everyday basic products and also supplements these basic, everyday items with seasonal, closeout and promotional merchandise. As of July 06, 2015, the Company operated more than 13,600 stores across 48 states and five Canadian provinces. Its stores operate under the brands of Dollar Tree, Dollar Tree Canada, Deals and Family Dollar. Dollar Trees consumable merchandise includes candy and food health and beauty care and everyday consumables, such as paper and chemicals, and in select stores frozen and refrigerated food. The Companys variety merchandise includes toys, durable housewares, gifts, party goods, greeting cards, softlines and other items. Its seasonal goods include Valentines Day, Easter, Halloween and Christmas merchandise.

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