Large Outflow of Money Witnessed in Signet Jewelers Limited

Signet Jewelers Limited (SIG) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (4.55 million) in Signet Jewelers Limited (SIG). On Tuesday, The value of composite uptick trades was $23.48 million, whereas, the value of composite downtick trades was $28.03 million and the ratio between the two was 0.84, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $5.86 million. $1.12 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.19. The negative money flow of ($4.74 million) shows selling on strength. Signet Jewelers Limited (SIG) gained $1.54 intraday at $89.32 and registrered 1.75% for the week.


The company Insiders own 0.36% of Signet Jewelers Limited shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 8.17% . Institutional Investors own 96.97% of Signet Jewelers Limited shares. During last six month period, the net percent change held by insiders has seen a change of 8.17%. In an insider trading activity, Werner Uta, officer (Chief Strategy Officer) of Signet Jewelers Ltd had purchased 400 shares on June 21, 2016 in a transaction. The price per share was $84.46 and the total amount of the disclosed transaction was $33,784.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Shares of Signet Jewelers Limited appreciated by 9.57% during the last five trading days but lost 0.07% on a 4-week basis. Signet Jewelers Limited has dropped 20.65% during the last 3-month period . Year-to-Date the stock performance stands at -27.69%.

Signet Jewelers Limited (NYSE:SIG): stock turned positive on Tuesday. Though the stock opened at $88.37, the bulls momentum made the stock top out at $89.9 level for the day. The stock recorded a low of $88.37 and closed the trading day at $89.07, in the green by 1.47%. The total traded volume for the day was 2,148,471. The stock had closed at $87.78 in the previous days trading.

Signet Jewelers Limited is a retailer of jewelry, watches and associated services in the United States, Canada and the United Kingdom. The Company manages its business through four segments: the Sterling Jewelers division, the UK Jewelry division, the Zale division, which consists of Zale Jewelry and Piercing Pagoda, and the Other segment. The Other segment includes subsidiaries involved in purchasing and conversion of rough diamonds to polished stones and unallocated corporate administrative functions. The Company operates retail jewelry stores in real estate formats, including mall-based, free-standing, strip center and outlet store locations. The Company operated approximately 3,579 stores and kiosks across 4.8 million square feet of retail space.

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