Criteo S.A. (CRTO) : The total money flow in Criteo S.A. (CRTO) was negative ($4.81 million), which signals selling by the traders on Tuesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $8.11 million. In comparison, the inflow of money into the stock on upticks was $3.3 million. The uptick to downtick ratio was 0.41. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $4.98 million. The negative money flow of ($4.98 million) confirms the selling in Criteo S.A. (CRTO) on strength. Criteo S.A. (CRTO) gained $0.46 at $37.17, a gain of 1.25% over the previous days close. However, the stock registered 2.91% in the week.
Also, Brokerage firm Citigroup maintains its rating on Criteo S.A. (NASDAQ:CRTO). As per the latest information, the brokerage house lowers the price target to $51 per share from a prior target of $56. The shares have been rated Buy. The rating by the firm was issued on August 4, 2016.
Shares of Criteo SA appreciated by 0.05% during the last five trading days but lost 14.61% on a 4-week basis. Criteo SA has dropped 16.21% during the last 3-month period . Year-to-Date the stock performance stands at -6.14%.
Criteo S.A. (NASDAQ:CRTO): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.67 and $36.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.17, notching a gain of 1.25% for the day. The total traded volume was 592,558 . The stock had closed at $36.71 on the previous day.
In a related news,The officer (Chief Executive Officer) of Criteo S.A., Eichmann Eric sold 10,000 shares at $40.24 on August 11, 2016. The Insider selling transaction had a total value worth of $402,400. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Criteo S.A. (Criteo) is a global technology company specializing in digital performance marketing. The Companys solution consists of the Criteo Engine, the Companys data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of multiple machine learning algorithms-in particular, prediction and recommendation algorithms-and the global hardware and software infrastructure. The Company delivers its solution through a range of marketing channels, including display advertising banners delivered on Web browsers, display advertising banners delivered on social platforms, display advertising banners delivered in mobile applications and marketing e-mail messages delivered to opt-in e-mail addresses. The Company operates in 69 countries through a network of 21 international offices located in Europe, the Americas and the Asia- Pacific region.