Hasbro (HAS) : Fridays money flow data in Hasbro (HAS) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $18.68 million, whereas, $16.95 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.1, in favor of the bulls. The total money flow into the stock was $1.74 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $3.61 million. The total value of block trades done on upticks was $4.5 million. The value of bearish trades on downticks was only $0.89 million.The up/down ratio in the block trades was a healthy 5.04 in favor of the bulls, suggesting strong buying in the stock by large traders. Hasbro (HAS) fell $0.54 and traded at $80.4, down -0.67% for the day, over previous days close. On a weekly basis, the shares are -5.96% over the previous weeks close.
Hasbro (HAS) : Average target price received by Hasbro (HAS) is $86.56 with an expected standard deviation of $5.22. The most aggressive target on the stock is $93, whereas the most downbeat target is $76. 9 financial analysts are currently covering the stock.
Hasbro (NASDAQ:HAS): On Fridays trading session , Opening price of the stock was $80.84 with an intraday high of $81.04. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $80.28. However, the stock managed to close at $80.4, a loss of 0.67% for the day. On the previous day, the stock had closed at $80.94. The total traded volume of the day was 1,078,467 shares.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, Chief Gbl Ops & Bus Dvpmt) of Hasbro Inc, Billing Duncan had sold 3,514 shares worth of $306,667 in a transaction dated May 26, 2016. In this transaction, 3,514 shares were sold at $87.27 per share.
Hasbro, Inc. (Hasbro), through its wholly owned Hasbro Studios LLC (Hasbro Studios), creates entertainment brand storytelling across mediums, including television, film and among others. Its brand blueprint involves re-imagining, re-inventing, and re-igniting its owned and controlled brands, and imagining, inventing and igniting new brands, through toy and game innovation, immersive entertainment offerings, including television programming and motion pictures, and a range of products, ranging from traditional to digital. The Company markets its brands under product categories, which include boys, games, girls and preschool toys. The Companys business operations include United States, Canada, International, Entertainment and Licensing. Its global operations include arranging product manufacturing and sourcing for the United States and Canada and International operations. Its brands include LITTLEST PET SHOP, MONOPOLY, MY LITTLE PONY, NERF, PLAY-DOH and TRANSFORMERS.