Large Outflow of Money Witnessed in NXP Semiconductors N.V.

NXP Semiconductors N.V. (NXPI) : Money flow in the NXP Semiconductors N.V. (NXPI) stock was negative (8.67 million) on Friday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $56.68 million, compared to $65.35 million on downticks. The total uptick to downtick ratio was 0.87, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($11.32 million), indicating selling on the strength. The transaction value during uptick in block trades was $3.04 million. Downtick transaction value in block trades amounted to $14.36 million, indicating persistent selling. The uptick to downtick ratio was 0.21. NXP Semiconductors N.V. (NXPI) traded $1.11 higher at $84.4 gaining 1.33% over the previous days close.


NXP Semiconductors N.V. (NXPI) : 16 Wall Street analysts covering NXP Semiconductors N.V. (NXPI) believe that the average level the stock could reach for the short term is $105. The maximum price target given is $130 and the minimum target for short term is around $90, hence the standard deviation is calculated at $10.97.

NXP Semiconductors N.V. (NASDAQ:NXPI): stock turned positive on Friday. Though the stock opened at $82.85, the bulls momentum made the stock top out at $84.6264 level for the day. The stock recorded a low of $82.21 and closed the trading day at $84.4, in the green by 1.33%. The total traded volume for the day was 4,128,350. The stock had closed at $83.29 in the previous days trading.

NXP Semiconductors N.V. (NXP) is a holding company. The Company is a semiconductor company. The Company provides high performance mixed signal and standard product solutions. Its product solutions are used in a range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company operates in two segments: High Performance Mixed Signal (HPMS) and Standard Products (SP). The Company sells two categories of products, High Performance Mixed Signal product solutions and Standard Products. The HPMS segment offers semiconductors and system solutions. The SP segment consists of devices, which can be incorporated in many different types of electronics equipment and, which are sold to a range of customers, both directly and through distributors.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.