Shares of Urban Outfitters, Inc. (URBN) Sees Large Inflow of Net Money Flow

Urban Outfitters, Inc. (URBN) dropped slightly amid mild profit booking and the last known price was $26.46 per share. The price decreased by -0.08 points or -0.3% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $4.23 million. The total upticks were valued at $8.77 million and the total downticks aggregated to $4.54 million, thereby putting the up/down ratio at 1.93,. The shares has seen a change in the share price of 2.04% on a weekly basis.In a big block trade which occurred today, the total uptick value was $4.29 million and the total downtick value was $0.66, resulting in an up/down ratio of 6.49. The net money flow for the block trade was calculated to be $3.63 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Urban Outfitters, Inc. has lost 2.92% in the last five trading days and dropped 7.9% in the last 4 weeks. Urban Outfitters, Inc. has dropped 21.58% during the last 3-month period . Year-to-Date the stock performance stands at -7.9%. Urban Outfitters, Inc. (NASDAQ:URBN) witnessed a decline in the market cap on Wednesday as its shares dropped 1.17% or 0.31 points. After the session commenced at $26.67, the stock reached the higher end at $26.81 while it hit a low of $26.18. With the volume soaring to 2,198,035 shares, the last trade was called at $26.23. The company has a 52-week high of $40.8. The company has a market cap of $3,049 million and there are 116,233,781 shares in outstanding. The 52-week low of the share price is $22.34.

Company has reported several Insider transactions to the SEC, on Nov 16, 2016, Azeez Hayne (General Counsel and Secretary) sold 6,260 shares at 39.95 per share price.On Aug 23, 2016, Frank Conforti (Chief Financial Officer) sold 4,000 shares at 37.42 per share price.On Apr 6, 2016, Robert H Strouse (director) sold 30,000 shares at 33.92 per share price.

Urban Outfitters Last issued its quarterly earnings results on Nov 22, 2016. The company reported $0.40 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $0.44. The company had revenue of $862.00 million for the quarter, compared to analysts expectations of $868.96 million. The companys revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Urban Outfitters was Reiterated by RBC Capital Mkts on Jan 11, 2017 to Sector Perform, Lowers Price Target to $ 29 from a previous price target of $34 .Urban Outfitters was Reiterated by Telsey Advisory Group on Jan 10, 2017 to Market Perform, Lowers Price Target to $ 31 from a previous price target of $39 .Urban Outfitters was Downgraded by Wunderlich to Hold on Nov 23, 2016. Urban Outfitters was Downgraded by Morgan Stanley to Equal-Weight on Nov 17, 2016.

Urban Outfitters, Inc. operates two business segments consisting of a lifestyle-oriented general merchandise retailing segment and a wholesale apparel business. The retailing segment operates through retail stores and direct response, including a catalog and two web sites. The companys wholesale business designs and markets young womens casual wear which it provides to the companys retail operations and sells to specialty retailers worldwide.


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