PDF Solutions (PDFS) : Wednesdays money flow data in PDF Solutions (PDFS) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $3.41 million, whereas, $0.31 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 11.14, in favor of the bulls. The total money flow into the stock was $3.1 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $3.14 million. The total value of block trades done on upticks was $3.14 million. PDF Solutions (PDFS) fell $0.18 and traded at $15.03, down -1.18% for the day, over previous days close. On a weekly basis, the shares are 1.62% over the previous weeks close.
PDF Solutions (NASDAQ:PDFS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.25 and $14.08 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.80, notching a gain of 3.88% for the day. The total traded volume was 789,850 . The stock had closed at $15.21 on the previous day.
The stock has recorded a 20-day Moving Average of 11.4% and the 50-Day Moving Average is 13.29%. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Pdf Solutions Inc, Heinrichs R Stephen had purchased shares worth of $87,120 in a transaction dated on May 27, 2016. A total of 6,118 shares were purchased at a price of $14.24 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
PDF Solutions, Inc. is a provider of infrastructure technologies and services to improve yield and performance of integrated circuits (IC). The companys technologies and services target the entire IC manufacturing process life cycle. The companys solutions combine software, test chips, an electrical wafer test system, methodologies, and professional services. The companys Characterization Vehicle (CV) electrical test chip infrastructure provides the modeling capabilities. Its Template layout patterns provide area, performance and manufacturability for designing IC products. Its Exensio solution for YieldAware FDC enables variability control in manufacturing.