AVG Technologies N.V. (AVG) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (16.86 million) in AVG Technologies N.V. (AVG). On Thursday, The value of composite uptick trades was $59.58 million, whereas, the value of composite downtick trades was $76.44 million and the ratio between the two was 0.78, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $41.76 million. $26.52 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.64. The negative money flow of ($15.24 million) shows selling on strength. AVG Technologies N.V. (AVG) gained $5.79 intraday at $24.58 and registrered 30.81% for the week.
AVG Technologies N.V. (AVG) : 4 Wall Street analysts covering AVG Technologies N.V. (AVG) believe that the average level the stock could reach for the short term is $26.5. The maximum price target given is $32 and the minimum target for short term is around $21, hence the standard deviation is calculated at $5.8. The stock has recorded a 20-day Moving Average of 27.33% and the 50-Day Moving Average is 28.01%.
AVG Technologies N.V. (NYSE:AVG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.86 and $24.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.87. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.58, notching a gain of 30.81% for the day. The total traded volume was 17,803,400 . The stock had closed at $18.79 on the previous day.
AVG Technologies N.V. (AVG) provides software and online services that deliver peace of mind to users by simplifying, optimizing and securing their Internet experiences. The Company is primarily engaged in the development and sale of online service solutions and Internet security software branded under the AVG name. The Company solutions encompassing software and online services include security, Personal Computer (PC) optimization, online privacy, cloud-based desktop management, mobile security, content filtering, remote monitoring and other products on various desktop and mobile operating systems. The Company product portfolio targets the consumer and Server Message Block (SMB) markets across multiple devices and operating systems and includes Internet security, PC performance optimization, online backup, identity protection, family safety, remote control, network auditing, monitoring and alerting software.