Large Inflow of Money Detected in Sportsmans Warehouse Holdings

Sportsmans Warehouse Holdings (SPWH) : The money flow analysis of Sportsmans Warehouse Holdings (SPWH) indicates a $0.06 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $0.2 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 3.45 and so was the total money flow at $0.14 million. The bulls lapped up $0.16 million worth of block trades on upticks. The money flow was $0.16 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Sportsmans Warehouse Holdings (SPWH), pushing it down by -0.19% for the day. The stock slid $0.02 and traded at $10.71 during the day. Nonetheless, the stock is 1.52% over the previous weeks close.


Shares of Sportsmans Warehouse Holdings, Inc. rose by 3.76% in the last five trading days and 14.45% for the last 4 weeks. Sportsmans Warehouse Holdings, Inc. is up 2.47% in the last 3-month period. Year-to-Date the stock performance stands at -16.51%.

Sportsmans Warehouse Holdings (NASDAQ:SPWH): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.51 and $10.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.77, notching a gain of 0.37% for the day. The total traded volume was 577,264 . The stock had closed at $10.73 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Sportsmans Warehouse Holdings, Inc., Graham Kent Vernon, had purchased 5,000 shares in a transaction dated on July 7, 2016. The transaction was executed at $8.97 per share with total amount equaling $44,850.

Sportsmans Warehouse Holdings, Inc. (Sportsmans Warehouse) is an outdoor sporting goods retailer. The Company has around 56 stores across 18 states of the United States. Its stores are organized into seven departments, including camping, which offer backpacks, camp essentials, canoes and kayaks, coolers and outdoor cooking equipment; clothing, which offer camouflage, outerwear, sportswear and work wear; fishing, which offer bait, electronics, fishing rods, fly fishing and small boats; footwear, which offers boots, shoes, socks, sport sandals, technical footwear and waders; hunting and shooting, which offers ammunition, archery items, blinds and tree stands, decoys and shooting gear; optics, electronics and accessories, which offer gift items, global positioning system devices, knives, lighting, optics and two-way radios, and other, which offer hunting and fishing licenses, background checks and other services.

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