Shares of Keysight Technologies (NYSE:KEYS) Sees Large Outflow of Money

Keysight Technologies (NYSE:KEYS): The stock had negative money flow to the tune of ($8.15 million) on Wednesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $4.53 million, whereas, the outflow of money on downticks was $12.68 million and the ratio between the two was 0.36. The block trade had a negative net money flow of ($8.34 million). The total block trade value undertaken on upticks was $0.85 million. On the other hand, downticks amounted to $9.19 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.09. Keysight Technologies (NYSE:KEYS) closed with marginal gains of 15 cents to end the day at $29.08, an increase of 0.5% over the previous days close. The stock recorded -1.97% for the week.

Keysight

In an insider trading activity, The officer (SVP), of Keysight Technologies, Inc., Gasparian Michael had unloaded 4,382 shares at $31 per share in a transaction on June 2, 2016. The total value of transaction was $135,842. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1.03% of Keysight Technologies shares according to the proxy statements. Institutional Investors own 85.47% of Keysight Technologies shares.

The company shares have dropped -7.42% from its 1 Year high price. On Sep 17, 2015, the shares registered one year high at $34.13 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $29.41 and the 200 Day Moving Average price is recorded at $26.86. Keysight Technologies (NYSE:KEYS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.38 and $28.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.51. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.08, notching a gain of 0.52% for the day. The total traded volume was 1,068,591 . The stock had closed at $28.93 on the previous day.

Keysight Technologies, Inc provides electronic measurement solutions to the communications and electronics industries. The Company provides electronic measurement instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment. The Company also offers customization, consulting and optimization services throughout the customers product lifecycle. The Companys measurement solutions business provides electronic measurement instruments and systems and related software and software design tools that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment. It provides start-up assistance, consulting, optimization and application support throughout the customers product lifecycle.

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