Shares of Flextronics International Ltd. (NASDAQ:FLEX) Sees Large Outflow of Money

Flextronics International Ltd. (NASDAQ:FLEX) surged 0.19% during the last session. The last traded price was up 0.03 points at $13.01. The data for the fund flow suggests that the net intraday money flow was $(-2.12) million. The fund value in upticks was recorded to be $2.78 million and in downticks, it was found to be $4.9 million. The up/down ratio for the day was measured to be 0.57. For the week, the shares have seen a percentage change of 1.68%.A block trade of $(-1.87) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $1.87 million. The block tradeoff had the up/down ratio of 0.


The stock has recorded a 20-day Moving Average of 2.32% and the 50-Day Moving Average is 4.63%. The company shares have rallied 7.45% in the past 52 Weeks. On June 20, 2016 The shares registered one year high of $13.06 and one year low was seen on January 20, 2016 at $8.85. The 50-day moving average is $12.5 and the 200 day moving average is recorded at $11.42. S&P 500 has rallied 1.93% during the last 52-weeks.

Flextronics International Ltd. (NASDAQ:FLEX): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.10 and $12.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.99, notching a gain of 0.08% for the day. The total traded volume was 2,786,408 . The stock had closed at $12.98 on the previous day.

Currently the company Insiders own 1.46% of Flextronics International Ltd. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.56% . Institutional Investors own 90.87% of Flextronics International Ltd. shares. During last six month period, the net percent change held by insiders has seen a change of -1.54%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Accounting Officer) of Flextronics International Ltd., Bennett David P had sold 10,800 shares worth of $138,780 in a transaction dated June 16, 2016. In this transaction, 10,800 shares were sold at $12.85 per share.

Flextronics International Ltd. (Flextronics) is a Singapore-based provider of global supply chain solutions. The Company designs, builds, ships and serves packaged electronic products for its original equipment manufacturers (OEMs) in various groups. The Company offers a range of design and engineering services that relate to manufacturing (including enclosures, metals, plastic injection molding, precision plastics, machining, and mechanicals), system integration and assembly and test services, materials procurement, inventory management, logistics and after-sales services (including product repair, warranty services, re-manufacturing and maintenance), supply chain management software solutions and component product offerings (including rigid and flexible printed circuit boards and power adapters and chargers).

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