Large Inflow of Money Detected in NXP Semiconductors N.V.

NXP Semiconductors N.V. (NXPI) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $41.47 million worth of transactions were on upticks, whereas, the downticks accounted for $26.73 million worth of transactions. The net money flow was a positive $14.75 million and the uptick to downtick ratio was 1.55. The net money flow into the stock was $14.03 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $14.03 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. NXP Semiconductors N.V. (NXPI) was trading at $88.5, down $0.44 during day. The stock slid -0.49% over the previous days close. For the week, the stock recorded 0.01% over the previous weeks close.


Also, Baird initiates coverage on NXP Semiconductors N.V. (NASDAQ:NXPI). Baird has a Outperform rating on the shares. The rating by the firm was issued on August 2, 2016.

NXP Semiconductors NV has dropped 0.41% in the last five trading days, however, the shares have posted positive gains of 5.07% in the last 4 weeks. NXP Semiconductors NV has dropped 6.19% during the last 3-month period . Year-to-Date the stock performance stands at 5.04%.

NXP Semiconductors N.V. (NASDAQ:NXPI): The stock opened at $89.20 on Tuesday but the bulls could not build on the opening and the stock topped out at $89.61 for the day. The stock traded down to $88.05 during the day, due to lack of any buying support eventually closed down at $88.50 with a loss of -0.49% for the day. The stock had closed at $88.94 on the previous day. The total traded volume was 1,894,644 shares.

NXP Semiconductors N.V. (NXP) is a holding company. The Company is a semiconductor company. The Company provides high performance mixed signal and standard product solutions. Its product solutions are used in a range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company operates in two segments: High Performance Mixed Signal (HPMS) and Standard Products (SP). The Company sells two categories of products, High Performance Mixed Signal product solutions and Standard Products. The HPMS segment offers semiconductors and system solutions. The SP segment consists of devices, which can be incorporated in many different types of electronics equipment and, which are sold to a range of customers, both directly and through distributors.

Leave a Reply

Get Pre-Market Alerts!

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