TJX Companies (The) (TJX) : $49.31 million worth of transactions were on upticks in TJX Companies (The) (TJX), compared to $36.88 million on downticks. The ratio between the two was 1.34, whereas, the net money flow stood at a healthy $12.44 million on Tuesdays session. The consistent buying on upticks in the stock accounted for $15.38million worth of trades. The total money flow into the stock stood at $15.38 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -1.37%. The stock was trading at $77.49, with a drop of $1.08 over the previous days close. The stock recorded -1.53% for the week.
Also, Equity analysts at the Brokerage firm Wedbush maintains its rating on TJX Companies (The) (NYSE:TJX). The rating major has initiated the coverage with outperform rating on the shares. The Analysts at Wedbush raises the price target from $82 per share to $84 per share. The rating by the firm was issued on August 17, 2016.
The TJX Companies, Inc. has lost 1.54% in the last five trading days and dropped 5.05% in the last 4 weeks. The TJX Companies, Inc. is up 1.47% in the last 3-month period. Year-to-Date the stock performance stands at 10.32%.
TJX Companies (The) (NYSE:TJX): The stock opened at $78.45 on Tuesday but the bulls could not build on the opening and the stock topped out at $78.57 for the day. The stock traded down to $77.30 during the day, due to lack of any buying support eventually closed down at $77.48 with a loss of -1.39% for the day. The stock had closed at $78.57 on the previous day. The total traded volume was 3,458,604 shares.
In a related news,The director of Tjx Companies Inc /De/, Alvarez Jose B sold 1,158 shares at $76.51 on June 15, 2016. The Insider selling transaction had a total value worth of $88,599. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
The TJX Companies, Inc. (TJX) is an off-price apparel and home fashions. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX Europe. The Marmaxx and HomeGoods business offers family apparel, home fashions, accent furniture, lamps, rugs, wall decor, decorative accessories and giftware and other merchandise. The TJX Canada offers jewelry and home fashions. TJX Europe operates the T.K. Maxx and HomeSense chains in Europe. The Company operates approximately 3,461 stores in countries, including the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria and Australia.