Dycom Industries (DY) : The value of composite uptick trades was $2.82 million, whereas, the value of composite downtick trades was $4.2 million. The uptick to downtick ratio stood at 0.67 with a negative money flow of ($1.38) Million during Mondays trading session. The block trades money flow was negative ($1.47 million). The transaction of the trades on downticks amounted to $1.47 million, which confirms investors selling on the strength of price. Dycom Industries (DY) gained 13 cents at $86.03, an increase of 0.15% over the previous days close.
Dycom Industries Inc. has lost 8.69% in the last five trading days and dropped 7.49% in the last 4 weeks. Dycom Industries Inc. is up 26.53% in the last 3-month period. Year-to-Date the stock performance stands at 25.43%.
Dycom Industries (NYSE:DY): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $85.44 and $83.99 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $88.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $87.75, notching a gain of 2.15% for the day. The total traded volume was 957,562 . The stock had closed at $85.90 on the previous day.
In a related news,The officer (VP & Chief HR Officer) of Dycom Industries Inc, Dickens Kimberly L sold 1,661 shares at $95.87 on July 13, 2016. The Insider selling transaction had a total value worth of $159,240. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Dycom Industries, Inc. is a provider of specialty contracting services throughout the United States and in Canada. The Company, through its subsidiaries, provides engineering, construction, maintenance and installation services to telecommunications providers, underground facility locating services to various utilities, including telecommunications providers, and other construction and maintenance services to electric and gas utilities. It offers engineering services, which include the design of aerial, underground and buried fiber optic, copper and coaxial cable systems that extend from the telephone company central office or cable operator headend to the consumers home or business. It also provides tower construction, lines and antenna installation, and foundation and equipment pad construction for wireless carriers, as well as equipment installation and material fabrication and site testing services.