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

NCR Corporation (NYSE:NCR) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (3.47 million) in NCR Corporation (NYSE:NCR). On Wednesday, The value of composite uptick trades was $2.33 million, whereas, the value of composite downtick trades was $5.79 million and the ratio between the two was 0.4, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $4.05 million. The negative money flow of ($4.05 million) shows selling on strength. NCR Corporation (NYSE:NCR) gained $0.74 intraday at $26.6 and registrered 2.84% for the week.


In an insider trading activity, The Securities and Exchange Commission has divulged that Daichendt Gary James, director of Ncr Corp, had unloaded 2,400 shares at an average price of $31.43 in a transaction dated on April 26, 2016. The total value of the transaction was worth $75,432. Currently the company Insiders own 1.2% of NCR Corporation shares according to the proxy statements. Institutional Investors own 85.43% of NCR Corporation shares.

The company shares have dropped -14.68% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $32.09 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $29.37 and the 200 Day Moving Average price is recorded at $26.39. NCR Corporation (NYSE:NCR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.25 and $26.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.93, notching a gain of 4.14% for the day. The total traded volume was 1,735,617 . The stock had closed at $25.86 on the previous day.

NCR Corporation (NCR) is a global technology company that provides products and services that enable businesses to connect, interact and transact with their customers. It operates in four business segments, which include Financial Services, Retail Solutions, Hospitality and Emerging Industries. NCR offers financial services, such as a line of ATM and payment processing hardware and software; cash management and video banking software and digital banking services, and related installation, maintenance and managed and professional services. NCR offers technology solutions to customers in the hospitality industry. The Company offers maintenance, as well as managed and professional services for third-party computer hardware provided to select manufacturers. The Company offers solutions to customers in the retail industry.

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