Large Inflow of Money Detected in Kate Spade & Company

Kate Spade & Company (KATE) : Mondays money flow data in Kate Spade & Company (KATE) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $12.09 million, whereas, $6.16 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.96, in favor of the bulls. The total money flow into the stock was $5.93 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $4.58 million. The total value of block trades done on upticks was $4.58 million. Kate Spade & Company (KATE) fell $0.01 and traded at $18.95, down -0.03% for the day, over previous days close. On a weekly basis, the shares are 7.95% over the previous weeks close.


Shares of Kate Spade & Company appreciated by 8.19% during the last five trading days but lost 10.3% on a 4-week basis. Kate Spade & Company has dropped 14.29% during the last 3-month period . Year-to-Date the stock performance stands at 6.3%.

Kate Spade & Company (NYSE:KATE): The stock opened at $19.05 on Monday but the bulls could not build on the opening and the stock topped out at $19.53 for the day. The stock traded down to $18.82 during the day, due to lack of any buying support eventually closed down at $18.89 with a loss of -0.32% for the day. The stock had closed at $18.95 on the previous day. The total traded volume was 3,494,440 shares.

Kate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. The Company operates through three segments: KATE SPADE North America, KATE SPADE International and Adelington Design Group. KATE SPADE North America segment consists of the Companys kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in North America. KATE SPADE International segment consists of the Companys kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in International markets. Adelington Design Group segment consists of exclusive arrangements to supply jewelry for the LIZ CLAIBORNE and MONET brands; the wholesale apparel and wholesale non-apparel operations of the licensed LIZWEAR brand and other brands, and the licensed LIZ CLAIBORNE NEW YORK brand. The Company operates specialty retail stores, outlet stores and concession stores.

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