American Woodmark Corporation (AMWD) : The total money flow in American Woodmark Corporation (AMWD) was negative ($1.74 million), showing the domination of sellers in the Tuesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $8.64 million. Transactions on upticks were comparatively lower at $6.9 million. The uptick to downtick ratio was 0.8. The total block trades on downticks were valued at $0.1 million. The money flow during block trades was negative ($0 million) when the stock traded with a gain of $44 cent. American Woodmark Corporation (AMWD) was $88.45, an increase of 0.5% over the previous days close.
Also, Brokerage firm Baird maintains its rating on American Woodmark Corporation (NASDAQ:AMWD). As per the latest information, the brokerage house raises the price target to $88 per share from a prior target of $78. The shares have been rated Outperform. The rating by the firm was issued on August 24, 2016.
Shares of American Woodmark Corp. rose by 4.44% in the last five trading days and 18.41% for the last 4 weeks. American Woodmark Corp. is up 9.13% in the last 3-month period. Year-to-Date the stock performance stands at 10.27%.
American Woodmark Corporation (NASDAQ:AMWD): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $88.53 and $88.03 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $89.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $88.19, notching a gain of 0.20% for the day. The total traded volume was 311,853 . The stock had closed at $88.01 on the previous day.
In a related news,The director 10% owner of American Woodmark Corp, Brandt William F sold 1,000 shares at $74.97 on July 20, 2016. The Insider selling transaction had a total value worth of $74,970. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 600 different cabinet lines, ranging from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces. The product offering of stock cabinets includes 85 door designs in 19 colors. Stock cabinets consist of cabinet interiors of a range of dimensions and construction options and a maple, oak, cherry, or hickory front frame, door and/or drawer front. The Companys products are sold under the brand names of American Woodmark, Timberlake, Shenandoah Cabinetry, Potomac and Waypoint Living Spaces.