Shares of Skyworks Solutions (SWKS) Sees Large Outflow of Money

Skyworks Solutions (SWKS) : Mondays money flow analysis of Skyworks Solutions (SWKS) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $25.47 million. In comparison, the inflow of money on upticks was a meager $20.87 million. The dollar value of composite uptick trades minus the downtick trades was negative $4.61 million. The uptick to downtick ratio of 0.82 in the money flow shows weakness. The uptick block trades were valued at $2.66 million. The downtick transaction value was high at $8.25 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.32. Hence, the net money flow in the stock was negative ($5.59 million). Skyworks Solutions (SWKS) gained $0.12 at $67.53, a change of 0.18% over the previous days close.


Shares of Skyworks Solutions Inc. rose by 5.4% in the last five trading days and 3.57% for the last 4 weeks. Skyworks Solutions Inc. is up 11.82% in the last 3-month period. Year-to-Date the stock performance stands at -8.39%.

Skyworks Solutions (NASDAQ:SWKS): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $67.61 and $67.55 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $69.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $69.50, notching a gain of 2.92% for the day. The total traded volume was 2,218,252 . The stock had closed at $67.53 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Aldrich David J, director officer (Executive Chairman) of Skyworks Solutions, Inc., had unloaded 15,000 shares at an average price of $59.7 in a transaction dated on July 5, 2016. The total value of the transaction was worth $895,500.

Skyworks Solutions Inc. is engaged in the production of analog semiconductors. The Company supports automotive, broadband, wireless infrastructure, energy management, Global Positioning System (GPS), industrial, medical, military, wireless networking, smartphone and tablet applications. The Companys portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure radio frequency (RF) subsystems, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops (PLLs), synthesizers, voltage controlled oscillator power dividers (VCOs), power dividers/combiners, power management devices, receivers, switches, and technical ceramics. The Companys products include Front-end Modules and Amplifiers, Wireless Infrastructure, Power Management, Precision Analog Components, WiFi Connectivity, and Smart Energy.

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