Large Inflow of Money Detected in Burlington Stores

Burlington Stores (BURL) : Burlington Stores (BURL) had a healthy money flow of $6.84 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $21.42 million, whereas, investors only sold shares worth $14.58 million on downticks. The stock closed the day with an up-down ratio of 1.47.The money flow in the block trades to the tune of $5.62 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $9.36 million worth of transactions were on upticks. A paltry $3.74 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 2.5. Burlington Stores (BURL) stock slid $0.1 intraday and traded at 76.69, a change of -0.13% over previous days close. However, for the week, the company shares are 0.59% compared to previous weeks close.


Shares of Burlington Stores, Inc. rose by 1.21% in the last five trading days and 13.26% for the last 4 weeks. Burlington Stores, Inc. is up 43.57% in the last 3-month period. Year-to-Date the stock performance stands at 78.97%.

Burlington Stores (NYSE:BURL): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $77.08 and $76.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $77.55. The buying momentum continued till the end and the stock did not give up its gains. It closed at $76.78, notching a gain of 0.12% for the day. The total traded volume was 951,742 . The stock had closed at $76.69 on the previous day.

In a related news, The director officer (President & CEO), of Burlington Stores, Inc., Kingsbury Thomas had unloaded 20,000 shares at $76.21 per share in a transaction on August 1, 2016. The total value of transaction was $1,524,200. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Burlington Stores, Inc. is a retailer of branded apparel. As of January 31, 2015, the Company had 542 stores, inclusive of an Internet store, in 44 states of the United States and Puerto Rico. The Companys offerings for women include dresses, tops, bottoms, coats, shoes, suits and suit separates, handbags, intimates and sleepwear, active wear, sweaters, swimwear and cover-ups, jewelry and watches, maternity, beauty and fragrance and scrubs. The Companys offerings for men include t-shirts, suits and suit separates, coats, shoes, pants, button downs, jeans, shorts, dress shirts, polos, hoodies and sweatshirts, swim and active wear, sports fan shop, socks and underwear, pajamas and robes, grooming, gadgets and gifts, belts, wallets and sweaters. The Companys offerings for juniors include dresses, tops, bottoms, shoes, coats, sweaters, handbags, sleepwear, swimwear, beauty and fragrance, jewelry and watches.

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