Shares of Lexmark International (NYSE:LXK) Sees Large Outflow of Money

Lexmark International (NYSE:LXK) : The total money flow in Lexmark International (NYSE:LXK) was negative ($4.32 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $5.78 million. Transactions on upticks were comparatively lower at $1.47 million. The uptick to downtick ratio was 0.25. The total block trades on downticks were valued at $4.39 million. The money flow during block trades was negative ($4.39 million) when the stock traded with a gain of $4 cent. Lexmark International (NYSE:LXK) was $37.47, an increase of 0.11% over the previous days close.


In an insider trading activity, Hardis Stephen R, director of Lexmark International Inc /Ky/, executed a transaction worth $24,930 on January 4, 2016. A total of 797 shares were purchased at an average price of $31.28. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered. Currently the company Insiders own 2.82% of Lexmark International shares according to the proxy statements. Institutional Investors own 85.85% of Lexmark International shares.

The company shares have dropped -16.32% from its 1 Year high price. On Jul 20, 2015, the shares registered one year high at $47.69 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $37.59 and the 200 Day Moving Average price is recorded at $33.13. Lexmark International (NYSE:LXK): The stock opened at $37.63 on Wednesday but the bulls could not build on the opening and the stock topped out at $37.90 for the day. The stock traded down to $37.37 during the day, due to lack of any buying support eventually closed down at $37.40 with a loss of -0.08% for the day. The stock had closed at $37.43 on the previous day. The total traded volume was 584,972 shares.

Lexmark International Inc. (Lexmark) is a developer, manufacturer and supplier of printing, imaging, device management, managed print services (MPS), document workflow and business process and content management solutions. The Company operates in two segments: Imaging Solutions and Services (ISS) and Perceptive Software. It serves both the distributed printing and imaging, and content and process management markets with a focus on business customers. Lexmarks enterprise content and process management software platform supports traditional business content, as well as media and industry-specific content, such as medical image content and includes enterprise search, intelligent capture, document output management (DOM) and business process and case management. Lexmarks healthcare offering includes an industry content repository and vendor neutral archive (VNA) that integrates all patient unstructured information across the enterprise to enable access.

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