Large Inflow of Money Detected in Lowes Companies

Lowes Companies (LOW) : Mondays money flow indicated an uptick to downtick ratio was at 1.24. The total value of inflow transactions on upticks was $100.82 million, whereas, the total value of outflow trades on downticks was $81.59 million. The total money flow was $19.23 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $21.99 million. The total value of the trades done on upticks was $31.7 million. Downticks saw transactions worth $9.71 million. The total uptick to downtick ratio stood at 3.27, mildly in favor of the bulls. Lowes Companies (LOW) was trading with a -0.22% change over previous days close. It fell $0.18 during the day and reached $81.54. The stock was -0.22% compared to the previous weeks close.


Lowes Companies, Inc. has dropped 0.1% in the last five trading days, however, the shares have posted positive gains of 0.27% in the last 4 weeks. Lowes Companies, Inc. is up 6.35% in the last 3-month period. Year-to-Date the stock performance stands at 8.52%.

Lowes Companies (NYSE:LOW): The stock opened at $82.09 on Monday but the bulls could not build on the opening and the stock topped out at $82.68 for the day. The stock traded down to $81.31 during the day, due to lack of any buying support eventually closed down at $81.54 with a loss of -0.22% for the day. The stock had closed at $81.72 on the previous day. The total traded volume was 5,315,403 shares.

In a related news, The Securities and Exchange Commission has divulged that Maltsbarger Richard D, officer (CDO & President, Intl) of Lowes Companies Inc, had unloaded 12,656 shares at an average price of $80.21 in a transaction dated on May 31, 2016. The total value of the transaction was worth $1,015,138.

Lowes Companies, Inc. (Lowes) is a home improvement retailer. As of January 30, 2015, Lowes operated 1,840 home improvement and hardware stores, representing approximately 201 million square feet of retail selling space. Lowes is consisted of 1,793 stores located across 50 states in the United States, including 74 Orchard Supply Hardware (Orchard) stores in California and Oregon, as well as 37 stores in Canada, and 10 stores in Mexico. It serves homeowners, renters, and professional customers (Pro customers). Its retail customers, consisted of individual homeowners and renters, complete a range of projects. The Pro customer consists of two categories: construction trades, and maintenance, repair and operations. The Company offers a range of products for maintenance, repair, remodeling, and decorating.

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