Large Inflow of Money Detected in Genpact Limited

Genpact Limited (G) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $5.42 million worth of transactions were on upticks, whereas, the downticks accounted for $1.52 million worth of transactions. The net money flow was a positive $3.89 million and the uptick to downtick ratio was 3.55. The net money flow into the stock was $3.85 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $3.85 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Genpact Limited (G) was trading at $23.8, down $0.09 during day. The stock slid -0.38% over the previous days close. For the week, the stock recorded -0.54% over the previous weeks close.


Also, Major Brokerage house, Morgan Stanley downgrades its ratings on Genpact Limited (NYSE:G). In the latest research report, Morgan Stanley lowers the target price from $25 per share to $22 per share. According to the latest information available, the shares are now rated Underweight by the analysts at the agency. Previously, the analysts had a Equal-weight rating on the shares. The rating by the firm was issued on August 10, 2016.

Genpact Limited has lost 0.79% in the last five trading days and dropped 9.85% in the last 4 weeks. Genpact Limited has dropped 15.3% during the last 3-month period . Year-to-Date the stock performance stands at -4.72%.

Genpact Limited (NYSE:G): The stock opened at $23.91 on Tuesday but the bulls could not build on the opening and the stock topped out at $23.96 for the day. The stock traded down to $23.75 during the day, due to lack of any buying support eventually closed down at $23.80 with a loss of -0.38% for the day. The stock had closed at $23.89 on the previous day. The total traded volume was 835,742 shares.

In a related news, Guaglianone Victor, officer (SVP & General Counsel) of Genpact Ltd, unloaded 9,403 shares at an average price of $26.83 on July 15, 2016. The total amount of the transaction was worth $252,282, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Genpact Limited (Genpact) designs, transforms and runs intelligent business operations. The Companys smart enterprise processes (SEPSM) framework helps companies reimagine how they operate by integrating effective Systems of Engagement, core information technology (IT) and Data-to-Action Analytics. The Company offers various services, which include banking and financial services, insurance services, capital markets, consumer product goods services, life sciences and pharmaceutical services, infrastructure and manufacturing services, healthcare and high tech services. In addition to these services, it also offers finance and accounting (F&A) services, analytics and research, business consulting services, enterprise risk consulting, re-engineering, supply chain and procurement services, enterprise application services, IT management services and collections and customer services. Its solutions include Smart Enterprise Processes (SEP) and Genpact Digital.

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