Shares of Zebra Technologies Corporation (ZBRA) Sees Large Outflow of Money

Zebra Technologies Corporation (ZBRA) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($5.79 million) and the uptick to downtick ratio was 0.64. The transaction value on upticks was $10.09 million and on downticks, the transaction value was $15.88 million. The transaction value of block trades during downticks was $6.92 million. The money flow was negative ($6.92 million), indicating the traders were booking profit on the price strength. Zebra Technologies Corporation (ZBRA) rose $1.99 at $68.71, during intraday Monday , a rise of 2.98% over the previous days close.


Shares of Zebra Technologies Corporation rose by 18.49% in the last five trading days and 37.45% for the last 4 weeks. Zebra Technologies Corporation is up 37.86% in the last 3-month period. Year-to-Date the stock performance stands at -1.35%.

Zebra Technologies Corporation (NASDAQ:ZBRA): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.73 and $66.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $68.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $68.71, notching a gain of 2.98% for the day. The total traded volume was 772,751 . The stock had closed at $66.72 on the previous day.

In a related news, Kaput Jim L, officer (SVP, General Counsel & Secy) of Zebra Technologies Corp, unloaded 5,000 shares at an average price of $64.82 on August 11, 2016. The total amount of the transaction was worth $324,100, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Zebra Technologies Corporation offers enterprise asset intelligence products and services. The Companys products and services allow customers to manage their assets, transactions and people of their organization. It designs, manufactures and sells a range of products, including enterprise mobile computers; advanced data capture devices; wireless local area network (WLAN) products; real-time location systems; related supplies, and utilities, frameworks and application software. It operates through two segments: Enterprise, which consists of its mobile computing, data capture and WLAN products, and Legacy Zebra, which consists of barcode and card printing, location, and motion sensing and supplies products. It provides a platform, iFactr, which offers the migration path for Windows Mobile/CE.NET compact framework applications. In addition, it provides solutions in enterprise mobile space, including modernizing rugged deployments, as well as creating cross-platform applications.

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