Shares of Macys Inc (M) Sees Large Outflow of Money

Macys Inc (M) : The value of composite uptick trades was $73.79 million, whereas, the value of composite downtick trades was $84.96 million. The uptick to downtick ratio stood at 0.87 with a negative money flow of ($11.17) Million during Mondays trading session. The block trades money flow was negative ($8.27 million).The uptick to the downtick ratio of 0.63 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $13.99 million. The transaction of the trades on downticks amounted to $22.26 million, which confirms investors selling on the strength of price. Macys Inc (M) gained 64 cents at $40.46, an increase of 1.61% over the previous days close.


Shares of Macys, Inc. rose by 16.43% in the last five trading days and 16.67% for the last 4 weeks. Macys, Inc. is up 33.18% in the last 3-month period. Year-to-Date the stock performance stands at 17.96%.

Macys Inc (NYSE:M): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.98 and $39.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.60. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.46, notching a gain of 1.61% for the day. The total traded volume was 11,196,549 . The stock had closed at $39.82 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Lundgren Terry J, director officer (Chairman and CEO) of Macys, Inc., had unloaded 177,352 shares at an average price of $43.48 in a transaction dated on March 23, 2016. The total value of the transaction was worth $7,711,265.

Macys, Inc. is an omnichannel retail company operating stores, Websites (, and and mobile. As of January 31, 2015, the operations of the Company included 823 stores with an area of approximately 147,400,000 square feet in 45 states of the United States, the District of Columbia, Guam and Puerto Rico. Of these 823 stores, 447 were owned, 267 were leased and 109 stores were operated under arrangements where the Company owned the building and leased the land. The Company operates its stores under the names of Macys, Bloomingdales, Bloomingdales Outlet and Bluemercury. The Company operates 13 Bloomingdales outlet stores. Bloomingdales in Dubai, the United Arab Emirates is operated under a license agreement with Al Tayer Insignia, a company of Al Tayer Group, LLC.

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