Large Outflow of Money Witnessed in lululemon athletica

lululemon athletica (LULU) : The total negative money flow of $2.12 million on Friday indicates selling on strength. The inflow of money on upticks was $13.99 million, compared to $16.11 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.87. The negative money flow of $2.5 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $3.8 million in a block trade.The transaction value of block trade on downtick was $6.3 million. The uptick to downtick ratio was 0.6. The price action in the lululemon athletica (LULU) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $76.65 with a gain of $0.1 , a change of 0.12% over the previous days close. The stock registered -1.48% for the week.


lululemon athletica (LULU) : The highest short term price target forecast on lululemon athletica (LULU) is $85 and the lowest target price is $40. A total of 23 equity analysts are currently covering the company. The average price of all the analysts is $72.48 with a standard deviation of $12.02.

lululemon athletica (NASDAQ:LULU): On Fridays trading session , Opening price of the stock was $76.5 with an intraday high of $76.6699. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $75.72. However, the stock managed to close at $76.14, a loss of 0.54% for the day. On the previous day, the stock had closed at $76.55. The total traded volume of the day was 1,645,402 shares.

In a related news, The director, of Lululemon Athletica Inc., Pitcher Rhoda M. had unloaded 5,310 shares at $67.31 per share in a transaction on April 1, 2016. The total value of transaction was $357,416. The Insider information was revealed by 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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