Large Outflow of Money Witnessed in Lamb Weston Holdings, Inc.

Shares of Lamb Weston Holdings, Inc. (LW) traded 0.04 points or 0.11% higher at $37.4.The total intraday money flow for the shares came in at a disappointing $(-1.32) million. The total upticks amounted to $5.55 million and the total downticks were approximately $6.87 million, with the up/down ratio of 0.81. On a different note, the shares have seen 2.63% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $1.48 million in upticks and an outflow of $3.24 million in downticks. The up/down ratio for the block was found to be 0.46. The net money flow for the block transaction was $(-1.76) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Lamb Weston Holdings, Inc. (NYSE:LW) rose 1.1% or 0.41 points on Wednesday and made its way into the gainers of the day. After trading began at $37.58 the stock was seen hitting $37.97 as a peak level and $37.16 as the lowest level. The stock ended up at $37.77. The daily volume was measured at 2,212,174 shares. The 52-week high of the share price is $38.96 and the 52-week low is $28.75. The company has a market cap of $5,517 million.

Lamb Weston Holdings, Inc. is a supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers. Lamb Weston Holdings, Inc. is headquartered in Eagle, Idaho.


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