Shares of Infosys Limited (NYSE:INFY) Sees Large Outflow of Money

Infosys Limited (NYSE:INFY) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($0.76 million) and the uptick to downtick ratio was 0.18. The transaction value on upticks was $0.16 million and on downticks, the transaction value was $0.92 million. The transaction value of block trades during downticks was $0.73 million. The money flow was negative ($0.73 million), indicating the traders were booking profit on the price strength. Infosys Limited (NYSE:INFY) rose $0.32 at $17.87, during intraday Wednesday , a rise of 1.82% over the previous days close.


Currently the company Insiders own 22.42% of Infosys Limited shares according to the proxy statements. Institutional Investors own 17.69% of Infosys Limited shares.

The company shares have rallied 10.31% from its 1 Year high price. On Apr 15, 2016, the shares registered one year high at $20.47 and the one year low was seen on Jul 9, 2015. The 50-Day Moving Average price is $18.68 and the 200 Day Moving Average price is recorded at $17.95. Infosys Limited (NYSE:INFY): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.81 and $17.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.78, notching a gain of 1.31% for the day. The total traded volume was 3,840,277 . The stock had closed at $17.55 on the previous day.

Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Companys solutions include application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; Management Consulting, enterprise solutions and package implementation, systems integration and business intelligence; Products, business platforms and solutions, and technologies, such as cloud computing, enterprise mobility, digital, big data and analytics. Its segments are Financial Services and Insurance, Manufacturing, Energy and utilities, Communication and Services, Retail, Consumer packaged goods and Logistics, Life Sciences and Healthcare, and Growth Markets.

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