Gap (The) (GPS) : The money flow analysis of Gap (The) (GPS) indicates a $6.85 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $9.25 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.35 and so was the total money flow at $2.4 million. A solid up-down ratio of 3.61 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $2.19 million worth of block trades on upticks. Only $0.6 million worth of the stock exchanged hands on downticks. The money flow was $1.58 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Gap (The) (GPS), pushing it down by -0.04% for the day. The stock slid $0.01 and traded at $24.22 during the day. Nonetheless, the stock is 4.13% over the previous weeks close.
Gap (The) (GPS) : The consensus price target for Gap (The) (GPS) is $21 for the short term with a standard deviation of $3.89. The most optimist securities analyst among the 19 who monitor the stock believes that the stock can reach $33, however, the pessimist price target for the company is $16.
Gap (The) (NYSE:GPS): stock turned positive on Friday. Though the stock opened at $24.24, the bulls momentum made the stock top out at $24.36 level for the day. The stock recorded a low of $23.92 and closed the trading day at $24.34, in the green by 0.45%. The total traded volume for the day was 4,524,850. The stock had closed at $24.23 in the previous days trading.
In a related news, The officer (Global Pres., Banana Republic), of Gap Inc, Owen Andi had unloaded 11,381 shares at $30.19 per share in a transaction on March 21, 2016. The total value of transaction was $343,592. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
The Gap, Inc. is an apparel retail company. The Company offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta and Intermix brands. In addition to operating in the specialty, outlet, online and franchise channels, Gap Inc. is an apparel retailer in using omni-channel capabilities for digital world and physical stores. Its omni-channel services include order-in-store, reserve-in-store, find-in-store and ship-from-store that are tailored across its portfolio of brands. Gap includes GapKids, babyGap, GapMaternity, GapBody and GapFit collections. It also offers handbags, shoes, jewelry, eyewear and personal care products, among others. It has Company-operated stores in the United States, Canada, the United Kingdom, France, Ireland, Japan, Italy, China and Hong Kong. It operates Gap, Banana Republic and Old Navy stores throughout Asia, Australia, Europe, Latin America, the Middle East and Africa.