Large Inflow of Money Detected in Smith & Wesson Holding Corporation

Smith & Wesson Holding Corporation (SWHC) : $7.28 million worth of transactions were on upticks in Smith & Wesson Holding Corporation (SWHC), compared to $6.45 million on downticks. The ratio between the two was 1.13, whereas, the net money flow stood at a healthy $0.83 million on Mondays session. The consistent buying on upticks in the stock accounted for $0.52million worth of trades. The total money flow into the stock stood at $0.52 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.27%. The stock was trading at $29.6, with a drop of $0.08 over the previous days close. The stock recorded -0.4% for the week.


Smith & Wesson Holding Corporation has dropped 0.37% in the last five trading days, however, the shares have posted positive gains of 3.81% in the last 4 weeks. Smith & Wesson Holding Corporation is up 27.57% in the last 3-month period. Year-to-Date the stock performance stands at 33.89%.

Smith & Wesson Holding Corporation (NASDAQ:SWHC): The stock opened at $29.78 on Monday but the bulls could not build on the opening and the stock topped out at $30.04 for the day. The stock traded down to $29.34 during the day, due to lack of any buying support eventually closed down at $29.43 with a loss of -0.84% for the day. The stock had closed at $29.68 on the previous day. The total traded volume was 1,313,771 shares.

In a related news,The director of Smith & Wesson Holding Corp, Furman John B sold 38,921 shares at $29.75 on July 26, 2016. The Insider selling transaction had a total value worth of $1,157,900. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Smith & Wesson Holding Corporation is a manufacturer of firearms. The Company manufactures an array of handguns, including revolvers and pistols; long guns, including modern sporting rifles, bolt action rifles, and single shot rifles; handcuffs, and firearm-related products and accessories. The Company operates through two segments: firearms and accessories. The firearm segment consists of products and services manufactured and sold from its Springfield, Massachusetts; Houlton, Maine, and Deep River, Connecticut facilities, which includes firearms, handcuffs, and other related products. The Company sells the products through a distribution chain and direct sales to consumers and international, state, and federal Governments. The accessories segment consists of hunting and shooting accessories developed and marketed from its Columbia, Missouri facility. The Company also provides shooting, reloading, gunsmithing, and gun cleaning supplies.

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