Shares of Applied Materials (AMAT) Sees Large Inflow of Net Money Flow

Applied Materials (AMAT) : Fridays money flow indicated an uptick to downtick ratio was at 1.53. The total value of inflow transactions on upticks was $5.96 million, whereas, the total value of outflow trades on downticks was $3.89 million. The total money flow was $2.08 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $2.62 million. The total value of the trades done on upticks was $3.65 million. Downticks saw transactions worth $1.03 million. The total uptick to downtick ratio stood at 3.54, mildly in favor of the bulls. Applied Materials (AMAT) was trading with a -0.11% change over previous days close. It fell $0.03 during the day and reached $26.2. The stock was -0.53% compared to the previous weeks close.


Applied Materials (AMAT) : 15 investment research analysts covering Applied Materials (AMAT) have an average price target of $26.97 for the near short term. The highest target price given by the Brokerage Firm to the stock is $30 and the lowest target is $17 for the short term. Analysts expect the variance to be within $3.12 of the average price.

Applied Materials (NASDAQ:AMAT): stock turned positive on Friday. Though the stock opened at $26.39, the bulls momentum made the stock top out at $26.41 level for the day. The stock recorded a low of $26.08 and closed the trading day at $26.37, in the green by 0.53%. The total traded volume for the day was 5,292,082. The stock had closed at $26.23 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that Salehpour Ali, Officer (Sr. Vp, Gm New Mrkts & Service) of APPLIED MATERIALS INC /DE, had unloaded 35,505 shares at an average price of $24.07 in a transaction dated on June 23, 2016. The total value of the transaction was worth $854,605.

Applied Materials, Inc. (Applied) provides manufacturing equipment, services and software to the global semiconductor, flat panel display, solar photovoltaic (PV) and related industries. Applied operates in four segments: Silicon Systems Group, Applied Global Services, Display, and Energy and Environmental Solutions. The Silicon Systems Group segment develops, manufactures and sells manufacturing equipment used to fabricate semiconductor chips. The Applied Global Services segment encompasses services, products and integrated solutions to optimize equipment and fab performance and productivity. The Display Segment includes products for manufacturing liquid crystal displays, organic light-emitting diodes and other display technologies for televisions, personal computers, tablets, smartphones and other devices. The Energy and Environmental Solutions segment includes systems for manufacturing wafer-based crystalline silicon cells and modules.

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