Shares of Infosys Limited (INFY) Sees Large Inflow of Net Money Flow

Infosys Limited (INFY) : Fridays money flow indicated an uptick to downtick ratio was at 2.03. The total value of inflow transactions on upticks was $15.17 million, whereas, the total value of outflow trades on downticks was $7.48 million. The total money flow was $7.69 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $6.92 million. The total value of the trades done on upticks was $8.83 million. Downticks saw transactions worth $1.91 million. The total uptick to downtick ratio stood at 4.63, mildly in favor of the bulls. Infosys Limited (INFY) was trading with a -0.3% change over previous days close. It fell $0.05 during the day and reached $16.57. The stock was -1.43% compared to the previous weeks close.


Infosys Limited (INFY) : The highest level Infosys Limited (INFY) is projected to reach is $21 for the short term and the lowest estimate is at $18. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $19.65 and the possibility the share price can swing is $1.03.

Infosys Limited (NYSE:INFY): On Fridays trading session , Opening price of the stock was $16.63 with an intraday high of $16.665. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $16.5. However, the stock managed to close at $16.57, a loss of 0.30% for the day. On the previous day, the stock had closed at $16.62. The total traded volume of the day was 4,178,707 shares.

Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Companys solutions include application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; Management Consulting, enterprise solutions and package implementation, systems integration and business intelligence; Products, business platforms and solutions, and technologies, such as cloud computing, enterprise mobility, digital, big data and analytics. Its segments are Financial Services and Insurance, Manufacturing, Energy and utilities, Communication and Services, Retail, Consumer packaged goods and Logistics, Life Sciences and Healthcare, and Growth Markets.

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