Shares of Genpact Limited (G) Sees Large Outflow of Money

Genpact Limited (G) : Net money flow in Genpact Limited (G) was negative ($3.78 million) and the inflow of money on uptick was $2.03 million, whereas, the outflow of money on downticks amounted to $5.82 million on Wednesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.35. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $3.92 million. The money flow in block trades was negative ($3.92). Genpact Limited (G) gained $0.34 cent during the day and reached $26.48, a gain of 1.3% over the previous day.


Genpact Limited (NYSE:G): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.30 and $26.23 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.55. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.43, notching a gain of 1.11% for the day. The total traded volume was 1,114,392 . The stock had closed at $26.14 on the previous day.

The stock has recorded a 20-day Moving Average of 0.88% and the 50-Day Moving Average is 2.81%. In a related news, Thukral Mohit, officer (Senior Vice President) of Genpact Ltd, unloaded 13,901 shares at an average price of $27.25 on June 15, 2016. The total amount of the transaction was worth $378,802, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Genpact Limited (Genpact) designs, transforms and runs intelligent business operations. The Companys smart enterprise processes (SEPSM) framework helps companies reimagine how they operate by integrating effective Systems of Engagement, core information technology (IT) and Data-to-Action Analytics. The Company offers various services, which include banking and financial services, insurance services, capital markets, consumer product goods services, life sciences and pharmaceutical services, infrastructure and manufacturing services, healthcare and high tech services. In addition to these services, it also offers finance and accounting (F&A) services, analytics and research, business consulting services, enterprise risk consulting, re-engineering, supply chain and procurement services, enterprise application services, IT management services and collections and customer services. Its solutions include Smart Enterprise Processes (SEP) and Genpact Digital.

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