Equinix, Inc. (EQIX) had a weak trading session and its shares were last down at $381.3, down -3.68% or -0.96 points. The trading data also revealed that the total net flow stood at $10.46 million as the shares had $55.91 million in upticks but lost $45.45 million in downticks. The up/down ratio was 1.23. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -0.43% in the shares.The block trade data suggests an inflow of $15.22 million in upticks and an outflow of $0 million in downticks. The up/down ratio for the block stood at 0. The net money flow for this transaction was recorded at $15.22.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Equinix, Inc. has dropped 0.81% in the last five trading days, however, the shares have posted positive gains of 6.68% in the last 4 weeks. Equinix, Inc. is up 6.72% in the last 3-month period. Year-to-Date the stock performance stands at 6.68%. Equinix, Inc. (NASDAQ:EQIX) witnessed a decline in the market cap on Wednesday as its shares dropped 0.96% or 3.68 points. After the session commenced at $385, the stock reached the higher end at $386.795 while it hit a low of $380.88. With the volume soaring to 471,752 shares, the last trade was called at $381.3. The company has a 52-week high of $391.07. The company has a market cap of $27,217 million and there are 71,379,297 shares in outstanding. The 52-week low of the share price is $255.45.
Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Keith D Taylor (Chief Financial Officer) sold 1,000 shares at 384.08 per share price.On Jan 24, 2017, Charles J Meyers (Chief Operating Officer) sold 1,290 shares at 385.00 per share price.On Jan 19, 2017, Karl Strohmeyer (President, Americas) sold 1,024 shares at 376.75 per share price.
Equinix Inc Last issued its quarterly earnings results on Nov 2, 2016. The company reported $3.95 EPS for the quarter, beating the analyst consensus estimate by $ 0.93. Analyst had a consensus of $3.02. The company had revenue of $924.68 million for the quarter, compared to analysts expectations of $920.04 million. The companys revenue was up 34.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Equinix Inc was Initiated by Guggenheim to Buy on Dec 2, 2016.
Equinix designs, builds and operates neutral Internet Business Exchange centers where Internet businesses place their equipment and their network facilities in order to interconnect with each other. The neutral IBX centers provide content providers, application service providers and e- commerce companies with the ability to directly interconnect with a competitive choice of bandwidth providers, Internet service providers and site and performance management companies.