Luxoft Holding (LXFT) : The money flow analysis of Luxoft Holding (LXFT) indicates a $5.43 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $6.63 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.22 and so was the total money flow at $1.19 million. The bulls lapped up $0.53 million worth of block trades on upticks. The money flow was $0.53 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Luxoft Holding (LXFT), pushing it down by -2.75% for the day. The stock slid $1.48 and traded at $52.28 during the day. Nonetheless, the stock is -5.67% over the previous weeks close.
Luxoft Holding, Inc. has lost 5.86% in the last five trading days and dropped 1.11% in the last 4 weeks. Luxoft Holding, Inc. has dropped 14.93% during the last 3-month period . Year-to-Date the stock performance stands at -32.05%.
Luxoft Holding (NYSE:LXFT): The stock opened at $53.42 on Monday but the bulls could not build on the opening and the stock topped out at $53.42 for the day. The stock traded down to $50.87 during the day, due to lack of any buying support eventually closed down at $52.41 with a loss of -2.51% for the day. The stock had closed at $53.76 on the previous day. The total traded volume was 510,530 shares.
Luxoft Holding, Inc. is a provider of software development services and information technology (IT) solutions. The Companys software development services consist of custom software development and support, product engineering and testing and technology consulting. The Companys services ranges from handling standard outsourcing client-directed engagements to managed delivery and transformational engagements. The Companys products include Horizon, SuperCloud, Twister and iStockTrack. The Company focuses on six industry verticals: financial services, automotive and transport, telecommunications (telecom), travel and aviation, technology and energy. The Company serves multinational corporations primarily in Western Europe and North America that rely on its IT solutions and software development capabilities for many of their mission critical systems.