Large Inflow of Money Witnessed in Mercury Systems Inc

Mercury Systems Inc (NASDAQ:MRCY) : $2.19 million worth of transactions were on upticks in Mercury Systems Inc (NASDAQ:MRCY), compared to $1.61 million on downticks. The ratio between the two was 1.35, whereas, the net money flow stood at a healthy $0.57 million on Wednesdays session. The consistent buying on upticks in the stock accounted for $0.49million worth of trades. The total money flow into the stock stood at $0.49 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.54%. The stock was trading at $24.01, with a drop of $0.13 over the previous days close. The stock recorded -0.62% for the week.


In an insider trading activity, The officer (EVP, COO), of Mercury Systems Inc, Thibaud Didier M C had unloaded 77,000 shares at $20.52 per share in a transaction on May 4, 2016. The total value of transaction was $1,580,040. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 5.7% of Mercury Systems Inc shares according to the proxy statements. Institutional Investors own 78.25% of Mercury Systems Inc shares.

The company shares have rallied 63.66% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $24.87 and the one year low was seen on Jul 28, 2015. The 50-Day Moving Average price is $21.94 and the 200 Day Moving Average price is recorded at $19.41. Mercury Systems Inc (NASDAQ:MRCY): The stock opened at $24.24 on Wednesday but the bulls could not build on the opening and the stock topped out at $24.39 for the day. The stock traded down to $23.64 during the day, due to lack of any buying support eventually closed down at $24.01 with a loss of -0.54% for the day. The stock had closed at $24.14 on the previous day. The total traded volume was 290,584 shares.

Mercury Systems, Inc. is a commercial provider of secure and sensor processing subsystems. The Company has two segments: Mercury Commercial Electronics (MCE) and Mercury Defense Systems (MDS). The Companys MCE segment offers technologies, which include embedded processing modules and subsystems, radio frequency (RF) and microwave multi-function assemblies, as well as subsystems, and RF and microwave components. MDS provides capabilities relating to pre-integrated electronic attack (EA) and electronic counter measure subsystems, signals intelligence and electro-optical/infrared processing technologies, and radar environment test and simulation systems. The Companys products and solutions are deployed in more than 300 programs with over 25 different defense prime contractors. Its programs include Aegis, Patriot, Surface Electronic Warfare Improvement Program (SEWIP), Gorgon Stare, Predator, F-35 and Reaper.

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