Silicon Graphics International Corp (SGI) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $0.58 million worth of transactions were on upticks, whereas, the downticks accounted for $0.3 million worth of transactions. The net money flow was a positive $0.28 million and the uptick to downtick ratio was 1.91. The net money flow into the stock was $0.41 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.41 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Silicon Graphics International Corp (SGI) was trading at $7.68, down $0.01 during day. The stock slid -0.13% over the previous days close. For the week, the stock recorded 34.74% over the previous weeks close.
Shares of Silicon Graphics International Corp. rose by 35.26% in the last five trading days and 43.84% for the last 4 weeks. Silicon Graphics International Corp. is up 66.16% in the last 3-month period. Year-to-Date the stock performance stands at 30.68%.
Silicon Graphics International Corp (NASDAQ:SGI): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $7.70 and $7.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $7.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $7.71, notching a gain of 0.26% for the day. The total traded volume was 6,451,347 . The stock had closed at $7.69 on the previous day.
Silicon Graphics International Corp. (SGI) is engaged in offering solutions for compute, data analytics and data management. The Company operates through segment, including Product and Service. The Product segment consists of its compute and storage solutions. The compute solutions include its scale-out computing, scale-up computing, software and cloud/Web solutions, and integrated third-party hardware and software products. Its storage solutions include both hardware and software offerings. The Service segment consists of customer service support and professional services. Its customer support organization provides ongoing maintenance and technical support for its products and some third-party products, as well as contracted maintenance services, hardware deployment services, time and materials-based services and spare parts. Its professional services organization provides value added services associated with technology consulting, project management and customer education.