Shares of STMicroelectronics N.V. (STM) Sees Large Outflow of Money

STMicroelectronics N.V. (STM) : The total money flow in STMicroelectronics N.V. (STM) was negative ($0.31 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $0.33 million. Transactions on upticks were comparatively lower at $0.02 million. The uptick to downtick ratio was 0.06. The total block trades on downticks were valued at $0.25 million. The money flow during block trades was negative ($0.25 million) when the stock traded with a gain of $9 cent. STMicroelectronics N.V. (STM) was $6.21, an increase of 1.47% over the previous days close.


STMicroelectronics N.V. (NYSE:STM): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.24 and $6.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.24, notching a gain of 1.96% for the day. The total traded volume was 1,401,767 . The stock had closed at $6.12 on the previous day.

The stock has recorded a 20-day Moving Average of 7.13% and the 50-Day Moving Average is 8.54%.

STMicroelectronics N.V. is a semiconductor company. The Company designs, develops, manufactures and markets a range of semiconductor products used in applications, such as Internet of Things (IoT), and serving many different end markets. The Company operates through two business segments: Sense & Power and Automotive Products (SP&A) and Embedded Processing Solutions (EPS). The SP&A segment consists of product lines, such as Automotive (APG), Industrial and Power Discrete (IPD), Analog and MEMS (AMS), and other SP&A. The EPS segment consists of product lines, such as Digital Convergence Group (DCG), and Imaging, BI-CMOS ASIC and Silicon Photonics (IBP) (DCG and IBP are combined as DPG); Microcontrollers, Memory & Secure MCU (MMS), and Other EPS. The Company operates in Semiconductors and Subsystems business areas.

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