Shares of Equinix (EQIX) Sees Large Inflow of Net Money Flow

Equinix (EQIX): $0.97 million was the positive money flow into the stock on Tuesday and the up/down ratio of ticks was also in favor of the bulls at 2.54. The value of trades done on upticks was $1.6 million, whereas, trades done on downticks were valued at $0.63 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.1 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.1 million. Equinix (EQIX) fell $1.32 traded at $387.43, a change of -0.34% over the previous day. The stock is -0.52% for the week.


The company Insiders own 0.69% of Equinix shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.25% . During last six month period, the net percent change held by insiders has seen a change of -31.52%. In an insider trading activity,The director officer (CEO & President) of Equinix Inc, Smith Stephen M sold 3,621 shares at $368.18 on June 6, 2016. The Insider selling transaction had a total value worth of $1,333,180. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of Equinix, Inc. rose by 0.27% in the last five trading days and 4.56% for the last 4 weeks. Equinix, Inc. is up 20.81% in the last 3-month period. Year-to-Date the stock performance stands at 29.43%.

Equinix (NASDAQ:EQIX): On Tuesdays trading session , Opening price of the stock was $389.73 with an intraday high of $390.39. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $383.47. However, the stock managed to close at $387.2, a loss of 0.40% for the day. On the previous day, the stock had closed at $388.75. The total traded volume of the day was 446,180 shares.

Equinix, Inc. is a networking company. The Company provides data center offerings primarily consisting of colocation, interconnection solutions and managed IT infrastructure services. The Companys colocation offerings include Cabinets, Power and IBXflex. Cabinets allows customer for colocating networking, server and storage equipment. Power is an element of increasing importance in customers colocation decisions. IBXflex allows customers to deploy mission-critical operations personnel and equipment on-site at its IBX data centers. The Companys interconnection solutions enable scalable, reliable and cost-effective interconnection and traffic exchange between Equinix customers. The Company offers managed IT infrastructure services, such as Equinix Professional Services, which offers practical guidance and proven solutions to help customers optimize and future-proof the data center architectures.

Leave a Reply

Get Pre-Market Alerts!

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