Markit Ltd. (MRKT) : The total money flow in Markit Ltd. (MRKT) was negative ($6.02 million), showing the domination of sellers in the Tuesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $26.18 million. Transactions on upticks were comparatively lower at $20.16 million. The uptick to downtick ratio was 0.77. The total block trades done on upticks were valued at $2.04 million. The total block trades on downticks were valued at $11.97 million. The uptick to the downtick ratio of block trades was 0.17. The money flow during block trades was negative ($9.93 million) when the stock traded with a gain of $18 cent. Markit Ltd. (MRKT) was $32.84, an increase of 0.55% over the previous days close.
Institutional Investors own 85.33% of Markit Ltd. shares.
Shares of Markit Ltd. appreciated by 0.89% during the last five trading days but lost 0.79% on a 4-week basis. Markit Ltd. has dropped 5.11% during the last 3-month period . Year-to-Date the stock performance stands at 8.85%.
Markit Ltd. (NASDAQ:MRKT): stock turned positive on Tuesday. Though the stock opened at $32.65, the bulls momentum made the stock top out at $33.11 level for the day. The stock recorded a low of $32.65 and closed the trading day at $32.84, in the green by 0.55%. The total traded volume for the day was 4,398,316. The stock had closed at $32.66 in the previous days trading.
Markit Ltd. is a global diversified provider of financial information services. The Company provides pricing and reference data, indices, valuation and trading services, trade processing, enterprise software and managed services. The Companys business is organized in three segments. The Information segment provides content comprising pricing and reference data, indices, and valuation and trading services across multiple asset classes and geographies through both direct and third-party distribution channels. The Processing segment offers trade processing solutions globally for over-the-counter (OTC) derivatives, foreign exchange (FX) and syndicated loans, including connectivity, infrastructure and post-trade support. The Solutions segment provides configurable enterprise software platforms, managed services and hosted custom Web solutions. The Company has operations around the world and sells mainly within the United Kingdom, the United States of America and Europe.