Large Inflow of Money Witnessed in Cavium

Cavium (CAVM): $3.16 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.52. The value of trades done on upticks was $9.24 million, whereas, trades done on downticks were valued at $6.08 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $3.06 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $3.06 million. Cavium (CAVM) fell $0.47 traded at $38.78, a change of -1.2% over the previous day. The stock is 2.65% for the week.


Cavium (CAVM) : Average target price received by Cavium (CAVM) is $62.92 with an expected standard deviation of $10.38. The most aggressive target on the stock is $80, whereas the most downbeat target is $45. 12 financial analysts are currently covering the stock. The stock has recorded a 20-day Moving Average of 5.53% and the 50-Day Moving Average is 15.27%.

Cavium (NASDAQ:CAVM): The stock opened at $39.33 on Thursday but the bulls could not build on the opening and the stock topped out at $39.72 for the day. The stock traded down to $38.45 during the day, due to lack of any buying support eventually closed down at $38.78 with a loss of -1.20% for the day. The stock had closed at $39.25 on the previous day. The total traded volume was 1,106,674 shares.

Cavium, Inc. is a provider of semiconductor processors, which enable processing for wired and wireless networking, communications, storage, cloud, wireless, security, video and connected home and office applications. The Companys products include OCTEON, OCTEON Plus, OCTEON Fusion, OCTEON XL, LiquidIO, NITROX, NEURON Search and PureVu. The Companys OCTEON, OCTEON Plus, OCTEON II and OCTEON III Multi-core MIPS64 processor families provide data and security processing. The LiquidIO Server Adapter family is a server compliant half-height Peripheral Component Interconnect Express (PCI Express). The NITROX processor family offers security processors. The NEURON Search processor family targets a range of Layer 2 to Layer 4 network search applications in enterprise and service provider infrastructure equipment. The PureVu product family is an integrated media system on a chip (SoC). The Company also offers ThunderX, a multi-core SoC processor, and MontaVista software products.

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