Shares of Flextronics International Ltd. (FLEX) Sees Large Outflow of Money

Flextronics International Ltd. (FLEX) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.42 million) and the uptick to downtick ratio was 0.8. The transaction value on upticks was $5.78 million and on downticks, the transaction value was $7.2 million. In block trades, the transaction value of inflow done during uptick was $1.56 million. The transaction value of block trades during downticks was $2.6 million. The uptick to downtick block trade ratio was 0.6. The money flow was negative ($1.04 million), indicating the traders were booking profit on the price strength. Flextronics International Ltd. (FLEX) rose $0.18 at $13.27, during intraday Tuesday , a rise of 1.38% over the previous days close.


Shares of Flextronics International Ltd. rose by 3.91% in the last five trading days and 6.24% for the last 4 weeks. Flextronics International Ltd. is up 4.73% in the last 3-month period. Year-to-Date the stock performance stands at 18.55%.

Flextronics International Ltd. (NASDAQ:FLEX): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.21 and $13.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.34. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.29, notching a gain of 1.53% for the day. The total traded volume was 4,822,553 . The stock had closed at $13.09 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Watkins William D, director of Flextronics International Ltd., had unloaded 8,000 shares at an average price of $12.35 in a transaction dated on August 2, 2016. The total value of the transaction was worth $98,800.

Flextronics International Ltd. (Flextronics) is a Singapore-based provider of global supply chain solutions. The Company designs, builds, ships and serves packaged electronic products for its original equipment manufacturers (OEMs) in various groups. The Company offers a range of design and engineering services that relate to manufacturing (including enclosures, metals, plastic injection molding, precision plastics, machining, and mechanicals), system integration and assembly and test services, materials procurement, inventory management, logistics and after-sales services (including product repair, warranty services, re-manufacturing and maintenance), supply chain management software solutions and component product offerings (including rigid and flexible printed circuit boards and power adapters and chargers).

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