Large Outflow of Money Witnessed in MKS Instruments, Inc.

Shares of MKS Instruments, Inc. (MKSI) traded 0.75 points or 1.14% higher at $66.65.The total intraday money flow for the shares came in at a disappointing $(-1.74) million. The total upticks amounted to $2.07 million and the total downticks were approximately $3.81 million, with the up/down ratio of 0.54. On a different note, the shares have seen 0.23% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0 million in upticks and an outflow of $2.02 million in downticks. The up/down ratio for the block was found to be 0. The net money flow for the block transaction was $(-2.02) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of MKS Instruments, Inc. rose by 0.22% in the last five trading days and 12.54% for the last 4 weeks. MKS Instruments, Inc. is up 32.9% in the last 3-month period. Year-to-Date the stock performance stands at 12.54%. MKS Instruments, Inc. (NASDAQ:MKSI) rose 1.44% or 0.95 points on Wednesday and made its way into the gainers of the day. After trading began at $66.6 the stock was seen hitting $67.25 as a peak level and $65.8 as the lowest level. The stock ended up at $66.85. The daily volume was measured at 502,520 shares. The 52-week high of the share price is $67.25 and the 52-week low is $30.6749. The company has a market cap of $3,583 million.

Company has reported several Insider transactions to the SEC, on Dec 5, 2016, John R Abrams (Sr. VP, Global Sales & Service) sold 302 shares at 54.05 per share price.On Dec 5, 2016, Brian Charles Quirk (Sr. VP, Global Operations) sold 1,000 shares at 57.40 per share price.On Nov 23, 2016, Robert R Anderson (director) sold 2,500 shares at 56.76 per share price.

MKS Instruments Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.88 EPS for the quarter, beating the analyst consensus estimate by $ 0.11. Analyst had a consensus of $0.77. The company had revenue of $380.66 million for the quarter, compared to analysts expectations of $370.13 million. The companys revenue was up 81.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.MKS Instruments was Upgraded by Dougherty & Company on Jan 24, 2017 to Buy, Price Target of the shares are set at $75.Company shares were Reiterated by Stifel on Nov 23, 2016 to Buy, Raises Price Target to $ 64 from a previous price target of $54 .

MKS Instruments, Inc. is a leading worldwide developer, manufacturer and supplier of instruments, components and subsystems used to measure, control and analyze gases in semiconductor manufacturing and similar industrial manufacturing processes. They offer a range of products including but not limited to semiconductors, optical filters and fiber optics cables, magnetic and optical storage devices and media, solar panels, eyeglasses, architectural glass, cutting tools, and freeze-dried pharmaceuticals.

MKS

Share this post

Leave a Reply