Shares of Lithia Motors (LAD) Sees Large Outflow of Money

Lithia Motors (LAD) : The total money flow in Lithia Motors (LAD) was negative ($0.82 million), which signals selling by the traders on Tuesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $2.77 million. In comparison, the inflow of money into the stock on upticks was $1.95 million. The uptick to downtick ratio was 0.7. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $0.1 million. The negative money flow of ($0 million) confirms the selling in Lithia Motors (LAD) on strength. Lithia Motors (LAD) gained $0.79 at $82.5, a gain of 0.97% over the previous days close. However, the stock registered 2.34% in the week.


Lithia Motors Inc. has lost 0.6% in the last five trading days and dropped 4.55% in the last 4 weeks. Lithia Motors Inc. has dropped 0.09% during the last 3-month period . Year-to-Date the stock performance stands at -22.82%.

Lithia Motors (NYSE:LAD): The stock opened at $81.46 on Tuesday but the bulls could not build on the opening and the stock topped out at $83.05 for the day. The stock traded down to $81.42 during the day, due to lack of any buying support eventually closed down at $81.66 with a loss of -0.06% for the day. The stock had closed at $81.71 on the previous day. The total traded volume was 231,329 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Lithia Motors Inc, Deboer Sidney B had sold 229 shares worth of $19,465 in a transaction dated May 9, 2016. In this transaction, 229 shares were sold at $85 per share.

Lithia Motors, Inc. is an operator of automotive franchises and a retailer of new and used vehicles and services. The Company operates in three segments: Domestic, Import and Luxury. The Domestic segment consists of retail automotive franchises that sell new vehicles of Chrysler, General Motors and Ford. Its Import segment includes retail automotive franchises that sell new vehicles of Honda, Toyota, Subaru, Nissan and Volkswagen. The Luxury segment consists of retail automotive franchises that sell new vehicles of BMW, Mercedes-Benz and Lexus. Its segment franchises sell used vehicles, parts and automotive services, and automotive finance and insurance products. Its operations involve the use, handling, storage and contracting for recycling and disposal of materials such as motor oil and filters, transmission fluids, antifreeze, refrigerants, paints, thinners, batteries, cleaning products, lubricants, degreasing agents, tires and fuel.

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