Shares of Infosys Limited (INFY) Sees Large Inflow of Net Money Flow

Infosys Limited (INFY) dropped by -1.31 or -0.18 points during the last session to $13.59 per share. One of the highlights of the day was the net money flow figure, which stood at $18.3 million even as the stock accepted $39.7 million in upticks but rejected $21.39 million in downticks. The up/down ratio for the last observation was a 1.86. The 1-week percentage change for the stock price is registered at -2.51%.A block transaction occurred with $25.45 million in upticks and $6.59 million in downticks while the up/down ratio was calculated to be 3.86. The stock witnessed a net inflow of $18.86 million at the end of the block trade.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Infosys Limited has lost 2.93% in the last five trading days and dropped 8.36% in the last 4 weeks. Infosys Limited has dropped 10.94% during the last 3-month period . Year-to-Date the stock performance stands at -8.36%. Infosys Limited (NYSE:INFY) witnessed a decline in the market cap on Wednesday as its shares dropped 1.31% or 0.18 points. After the session commenced at $13.95, the stock reached the higher end at $14 while it hit a low of $13.42. With the volume soaring to 13,066,911 shares, the last trade was called at $13.59. The company has a 52-week high of $20.47. The company has a market cap of $31,062 million and there are 2,285,651,700 shares in outstanding. The 52-week low of the share price is $13.42.

Infosys Ltd ADR Last issued its quarterly earnings results on Jan 13, 2017. The company reported $16.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.80. Analyst had a consensus of $15.42. The company had revenue of $172730.00 million for the quarter, compared to analysts expectations of $173344.02 million. The companys revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Infosys Ltd ADR was Downgraded by CLSA to Underperform on Jan 6, 2017.

Infosys Limited defines, designs and delivers technology-enabled business solutions. It provides business and technology consulting, application services, systems integration, product engineering, custom software development, maintenance, re-engineering, independent testing and validation services, IT infrastructure services and business process outsourcing. It serves aerospace and defense, airlines, automotive, communication services, consumer packaged goods, education, energy, financial services, healthcare, high technology, hospitality and leisure, industrial manufacturing, insurance, life sciences, logistics and distribution, media and entertainment, publishing, resources, retail and utilities industries. Infosys Limited, formerly known as Infosys Technologies Limited, is headquartered in Bengaluru, India.

Infosys

Share this post

Leave a Reply