Large Inflow of Money Detected in Dave & Busters Entertainment

Dave & Busters Entertainment (PLAY): $4.21 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.84. The value of trades done on upticks was $9.22 million, whereas, trades done on downticks were valued at $5.02 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $3.77 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $0.67 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 5.63 was strongly in favor of the bulls. The money flow in block trades was $3.1 million. Dave & Busters Entertainment (PLAY) fell $0.72 traded at $44.47, a change of -1.59% over the previous day. The stock is 2.7% for the week.


Shares of Dave & Busters Entertainment, Inc. appreciated by 3.04% during the last five trading days but lost 6.38% on a 4-week basis. Dave & Busters Entertainment, Inc. is up 13.68% in the last 3-month period. Year-to-Date the stock performance stands at 6.54%.

Dave & Busters Entertainment (NASDAQ:PLAY): The stock opened at $45.44 on Monday but the bulls could not build on the opening and the stock topped out at $45.45 for the day. The stock traded down to $44.30 during the day, due to lack of any buying support eventually closed down at $44.47 with a loss of -1.59% for the day. The stock had closed at $45.19 on the previous day. The total traded volume was 582,342 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP, Gen Counsel & Sec) of Dave & Busters Entertainment, Inc., Tobin Jay L had sold 7,500 shares worth of $321,975 in a transaction dated August 8, 2016. In this transaction, 7,500 shares were sold at $42.93 per share.

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