Large Inflow of Money Detected in lululemon athletica

lululemon athletica (LULU): $1.79 million was the positive money flow into the stock on Tuesday and the up/down ratio of ticks was also in favor of the bulls at 1.09. The value of trades done on upticks was $21.32 million, whereas, trades done on downticks were valued at $19.53 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 $2.95 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $1.85 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 1.59 was strongly in favor of the bulls. The money flow in block trades was $1.1 million. lululemon athletica (LULU) fell $1.99 traded at $76.27, a change of -2.54% over the previous day. The stock is -2.46% for the week.


Also, Equity Analysts at the KeyBanc maintains the rating on lululemon athletica (NASDAQ:LULU). The brokerage firm has issued a Overweight rating on the shares. The Analysts at the ratings agency raises the price target from $85 per share to $89 per share. The rating by the firm was issued on August 11, 2016.

Lululemon Athletica Inc. has lost 4.22% in the last five trading days and dropped 1.89% in the last 4 weeks. Lululemon Athletica Inc. is up 16.14% in the last 3-month period. Year-to-Date the stock performance stands at 46.46%.

lululemon athletica (NASDAQ:LULU): The stock opened at $78.08 on Tuesday but the bulls could not build on the opening and the stock topped out at $78.72 for the day. The stock traded down to $75.98 during the day, due to lack of any buying support eventually closed down at $76.85 with a loss of -1.80% for the day. The stock had closed at $78.26 on the previous day. The total traded volume was 3,114,781 shares.

In a related news,The director of Lululemon Athletica Inc., Pitcher Rhoda M. sold 5,310 shares at $67.31 on April 1, 2016. The Insider selling transaction had a total value worth of $357,416. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

lululemon athletica inc. is a designer and retailer of technical athletic apparel. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, general fitness and dance-inspired apparel for female youth. The Company conducts its business through two channels: corporate-owned stores and direct to consumer. The Company markets its athletic apparel under the lululemon athletica and ivivva athletica brand names. As of February 1, 2015, the Companys retail footprint included 211 stores in the United States, 57 stores in Canada, 26 stores in Australia, five in New Zealand, two in the United Kingdom and one in Singapore. The Companys retail stores are located primarily on street locations, in lifestyle centers and in malls.

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