Shares of Cisco Systems (CSCO) Sees Large Inflow of Net Money Flow

Cisco Systems (CSCO) : Fridays money flow indicated an uptick to downtick ratio was at 5.59. The total value of inflow transactions on upticks was $20.79 million, whereas, the total value of outflow trades on downticks was $3.72 million. The total money flow was $17.07 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $16.47 million. The total value of the trades done on upticks was $16.78 million. Downticks saw transactions worth $0.31 million. The total uptick to downtick ratio stood at 54.63, mildly in favor of the bulls. Cisco Systems (CSCO) was trading with a -0.05% change over previous days close. It fell $0.02 during the day and reached $30.57. The stock was 2.5% compared to the previous weeks close.


Cisco Systems (CSCO) : The most positive equity analysts on Cisco Systems (CSCO) expects the shares to touch $39, whereas, the least positive believes that the stock will trade at $22 in the short term. The company is covered by 23 Wall Street Brokerage Firms. The average price target for shares are $30.29 with an expected fluctuation of $3.39 from the mean.

Cisco Systems (NASDAQ:CSCO): stock turned positive on Friday. Though the stock opened at $30.7, the bulls momentum made the stock top out at $30.87 level for the day. The stock recorded a low of $30.54 and closed the trading day at $30.71, in the green by 0.43%. The total traded volume for the day was 19,399,558. The stock had closed at $30.58 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that West Steven M, director of Cisco Systems, Inc., had unloaded 15,000 shares at an average price of $30.2 in a transaction dated on July 20, 2016. The total value of the transaction was worth $453,000.

Cisco System, Inc. (Cisco) designs and sells lines of products, provides services and delivers integrated solutions to develop and connect networks around the world, building the Internet. The Company is engaged in designing, manufacturing and selling Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use. The Company operates its business through three segments: The Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China (APJC). It groups its products and technologies into the various categories, such as Switching, Next-Generation Network (NGN) Routing, Collaboration, Service Provider Video, Data Center, Wireless, Security, and Other Products. In addition to its product offerings, it provides a range of service offerings, including technical support services and advanced services.

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