Shares of Endo International plc (ENDP) Sees Large Outflow of Money

Endo International plc (ENDP) : The total money flow in Endo International plc (ENDP) was negative ($1.72 million), showing the domination of sellers in the Tuesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $8.52 million. Transactions on upticks were comparatively lower at $6.8 million. The uptick to downtick ratio was 0.8. The total block trades done on upticks were valued at $0.23 million. The total block trades on downticks were valued at $1.02 million. The uptick to the downtick ratio of block trades was 0.23. The money flow during block trades was negative ($0.79 million) when the stock traded with a gain of $7 cent. Endo International plc (ENDP) was $20.89, an increase of 0.34% over the previous days close.


Also, Equity Analysts at the Brokerage Firm, Mizuho Securities, upgrades their rating on the shares of Endo International plc (NASDAQ:ENDP). Mizuho Securities has a Buy rating on the shares. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on August 12, 2016.

Endo International plc has dropped 11.71% in the last five trading days, however, the shares have posted positive gains of 23.76% in the last 4 weeks. Endo International plc is up 25.69% in the last 3-month period. Year-to-Date the stock performance stands at -65.88%.

Endo International plc (NASDAQ:ENDP): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.70 and $20.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.89, notching a gain of 0.34% for the day. The total traded volume was 4,411,745 . The stock had closed at $20.82 on the previous day.

In a related news, The director, of Endo International Plc, Ingram Douglas S had unloaded 4,513 shares at $26.59 per share in a transaction on May 5, 2016. The total value of transaction was $120,001. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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