Shares of Computer Sciences Corporation (NYSE:CSC) Sees Large Outflow of Money

Shares of Computer Sciences Corporation (NYSE:CSC) traded 0.05 points or 0.1% higher at $51.18.The total intraday money flow for the shares came in at a disappointing $(-2.68) million. The total upticks amounted to $7.75 million and the total downticks were approximately $10.43 million, with the up/down ratio of 0.74. On a different note, the shares have seen 1.75% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0 million in upticks and an outflow of $2.56 million in downticks. The up/down ratio for the block was found to be 0. The net money flow for the block transaction was $(-2.56) million.


The stock has recorded a 20-day Moving Average of 3.94% and the 50-Day Moving Average is 28.68%. The company shares have rallied 80.26% in the past 52 Weeks. On June 9, 2016 The shares registered one year high of $52.55 and one year low was seen on February 10, 2016 at $24.27. The 50-day moving average is $42.64 and the 200 day moving average is recorded at $34.06. S&P 500 has rallied 1.93% during the last 52-weeks.

Computer Sciences Corporation (NYSE:CSC): The stock was completely flat for the day, closing at $51.13 on Tuesday. The flat closing masks the intraday volatility in the stock. After opening at $51.19, the stock touched an intraday high of $51.38 and a low of $50.87. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $51.13. The total trading volume on Tuesday was 1,597,402.

Currently the company Insiders own 1.15% of Computer Sciences Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 7.76% . Institutional Investors own 96.54% of Computer Sciences Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -3.23%. On the companys insider trading activities, Lawrie John M, director officer (Chairman, President and CEO) of Computer Sciences Corp, unloaded 7,100 shares at an average price of $51.56 on June 13, 2016. The total amount of the transaction was worth $366,076, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through three segments: Global Business Services (GBS), which is a provider of various technology solutions, including consulting, applications services and software; Global Infrastructure Services (GIS), which provides solutions, such as managed and virtual desktop solutions, and data center management, and North American Public Sector (NPS), which delivers IT, mission and operations-related services. Its subsidiary, ServiceMesh Inc. (ServiceMesh), is a provider of enterprise cloud management software. ServiceMesh also provides various other services, such as tiered services levels, different levels of security, self-service options, governance, policy and real time monitoring. CSCs subsidiary, Fruition Partners, provides technology-enabled solutions for the service-management sector and provides support for ServiceNow-related software

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.