Large Inflow of Money Detected in Caseys General Stores

Caseys General Stores (CASY) : $4.22 million worth of transactions were on upticks in Caseys General Stores (CASY), compared to $3.69 million on downticks. The ratio between the two was 1.14, whereas, the net money flow stood at a healthy $0.52 million on Mondays session. The consistent buying on upticks in the stock accounted for $0million worth of trades. The total money flow into the stock stood at $0 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.36%. The stock was trading at $131.53, with a drop of $0.47 over the previous days close. The stock recorded -1.45% for the week.


Caseys General Stores, Inc. has dropped 0.58% in the last five trading days, however, the shares have posted positive gains of 1.78% in the last 4 weeks. Caseys General Stores, Inc. is up 14.4% in the last 3-month period. Year-to-Date the stock performance stands at 10.45%.

Caseys General Stores (NASDAQ:CASY): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $131.34 and $131.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $132.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $132.29, notching a gain of 0.22% for the day. The total traded volume was 333,987 . The stock had closed at $132.00 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Jackowski Julia L, Officer (Svp, Corp Gen Counsel) of CASEYS GENERAL STORES INC, had unloaded 3,000 shares at an average price of $127.75 in a transaction dated on June 29, 2016. The total value of the transaction was worth $383,250.

Caseys General Stores, Inc. and its wholly owned subsidiaries operate convenience stores under the name Caseys General Store in 14 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates one store selling primarily tobacco products. The stores carry food, including freshly prepared foods, such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items. As of April 30, 2015, the Company operated 1,878 stores. The Company operates a central warehouse, Caseys Distribution Center in Ankeny, Iowa, through which it supplies grocery and general merchandise items to its stores. The Companys subsidiary Caseys Retail Company operates stores in Illinois, Kansas, Minnesota, Nebraska, North Dakota and South Dakota. Its subsidiary Caseys Marketing Company owns and has responsibility for the operation of stores in Arkansas, Indiana, Iowa, Kentucky, Missouri, Oklahoma, Tennessee and Wisconsin.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.