Shares of EMC Corporation (NYSE:EMC) Sees Large Outflow of Money

EMC Corporation (NYSE:EMC) traded on a positive note gaining 0.02 points or 0.07% to be valued at $27.74 per share. Intraday, the shares aggregated $33.36 million in upticks but saw an exodus of $49.14 million in downticks. The net money flow was calculated to be $(-15.78) million with the final up/down ratio coming in at 0.68. The share price has seen a change of 1.24% in value during the week. Block trade of up/down ratio of 0.61 was also registered with $15.34 million in upticks and $25.13 million in downticks. The net money flow for the block exchange was disappointing at $(-9.79) Million.


The stock has recorded a 20-day Moving Average of 0.22% and the 50-Day Moving Average is 2.57%. The company shares have rallied 0.95% in the past 52 Weeks. On October 12, 2015 The shares registered one year high of $28.77 and one year low was seen on August 25, 2015 at $22.66. The 50-day moving average is $27.47 and the 200 day moving average is recorded at $26.08. S&P 500 has rallied 1.93% during the last 52-weeks.

EMC Corporation (NYSE:EMC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.72 and $27.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.85. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.74, notching a gain of 0.07% for the day. The total traded volume was 10,020,455 . The stock had closed at $27.72 on the previous day.

Currently the company Insiders own 0.4% of EMC Corporation shares according to the proxy statements. Institutional Investors own 79.88% of EMC Corporation shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Amit Yoran, officer (President, RSA) of Emc Corp, had unloaded 21,487 shares at an average price of $27.17 in a transaction dated on August 7, 2015. The total value of the transaction was worth $583,802.

EMC Corporation (EMC) is a service provider to information technology (IT) operations to an as a service model (ITaaS). It develops, delivers and supports the IT industrys range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure and Pivotal. EMC Information Infrastructure business consists of three divisons: Information Storage, Enterprise Content Division and RSA Information Security. EMC Information Infrastructure provides a foundation for organizations to store, manage, protect, analyze and secure quantities of information. VMware develops and markets its product and service offerings within three main product groups: Software-Defined Data Center, Cloud Services and End-User Computing. Pivotals three offerings include the Pivotal Big Data Suite, Pivotal Labs and Pivotal Cloud Foundry.

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