Hewlett-Packard Company (HPQ) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (8.43 million) in Hewlett-Packard Company (HPQ). On Monday, The value of composite uptick trades was $34.56 million, whereas, the value of composite downtick trades was $42.98 million and the ratio between the two was 0.8, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $18.51 million. $14.69 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.79. The negative money flow of ($3.82 million) shows selling on strength. Hewlett-Packard Company (HPQ) gained $0.24 intraday at $14.52 and registrered 1.68% for the week.
Shares of HP Inc. rose by 1.82% in the last five trading days and 4.84% for the last 4 weeks. HP Inc. is up 25.9% in the last 3-month period. Year-to-Date the stock performance stands at 25.16%.
Hewlett-Packard Company (NYSE:HPQ): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.31 and $14.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.52, notching a gain of 1.68% for the day. The total traded volume was 12,749,131 . The stock had closed at $14.28 on the previous day.
In a related news,The (Chief HR Officer) of Hp Inc, Keogh Tracy S sold 100,000 shares at $14 on July 19, 2016. The Insider selling transaction had a total value worth of $1,400,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
HP INC, formerly Hewlett-Packard Company (HP), is a global provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors. The Company offers IT industrys broadest portfolios of products and services that bring infrastructure, software, and services through innovation to enable its customers to create value and solve business problems. The Company designs its solutions to provide foundation, in the areas of security, cloud, mobility and big data, by leveraging the breadth of its offerings and the strengths and capabilities of its individual business units. The Companys operations are organized into seven business segments: Personal Systems; Printing; the Enterprise Group (EG); Enterprise Services (ES); Software; HP Financial Services (HPFS), and Corporate Investments.