Shares of Citrix Systems, Inc. (CTXS) Sees Large Inflow of Net Money Flow

Shares of Citrix Systems, Inc. (CTXS) saw an erosion of -1.37 points in recent session. During the trading, the value of each share was $71.24, dropping -1.89%. The shares saw high fund-flow as the composite value of all the upticks was $94.64 million and the total value of all the downticks was a mere $65.58 million. The net money flow was seen at $29.06 million and the up/down ratio was measured at 1.44. On a weekly basis the shares of the shares has recorded a change of -21.07%.The block trade which occurred today had $32.62 million in upticks and $2.35 million in downticks with the up/down ratio climbing to 13.88. $30.27 million was the net money flow of the block transaction.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Citrix Systems, Inc. has lost 25.59% in the last five trading days and dropped 20.23% in the last 4 weeks. Citrix Systems, Inc. has dropped 15.99% during the last 3-month period . Year-to-Date the stock performance stands at -20.23%. Citrix Systems, Inc. (NASDAQ:CTXS) witnessed a decline in the market cap on Wednesday as its shares dropped 21.88% or 19.95 points. After the session commenced at $74.27, the stock reached the higher end at $75 while it hit a low of $70.24. With the volume soaring to 5,760,295 shares, the last trade was called at $71.24. The company has a 52-week high of $76.36919. The company has a market cap of $22,222 million and there are 311,932,020 shares in outstanding. The 52-week low of the share price is $48.505186.

Company has reported several Insider transactions to the SEC, on Jan 3, 2017, Murray J Demo (director) sold 1,000 shares at 89.95 per share price.On Dec 12, 2016, David J Henshall (EVP, COO & CFO) sold 2,374 shares at 90.00 per share price.On Dec 7, 2016, Klaus Oestermann (SVP & GM, Delivery Networks) sold 743 shares at 86.61 per share price.

Citrix Systems Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.12. Analyst had a consensus of $1.49. The company had revenue of $908.40 million for the quarter, compared to analysts expectations of $901.34 million. The companys revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.50 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Citrix Systems was Initiated by Wells Fargo to Market Perform on Jan 11, 2017. Company shares were Upgraded by Mizuho on Dec 5, 2016 to Buy, Raises Price Target to $ 100 from a previous price target of $90 .

Citrix Systems, Inc. is one of the leading suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. The companys products permit organizations to deploy and manage applications without regard to location, network connection, or type of client hardware platform.

Citrix

Share this post

Leave a Reply