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

Zebra Technologies Corporation (ZBRA) : Money flow in the Zebra Technologies Corporation (ZBRA) stock was negative (5.7 million) on Thursday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $4.71 million, compared to $10.41 million on downticks. The total uptick to downtick ratio was 0.45, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($5.65 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $5.65 million, indicating persistent selling. Zebra Technologies Corporation (ZBRA) traded $0.19 higher at $49.38 gaining 0.39% over the previous days close.


The stock has recorded a 20-day Moving Average of 5.21% and the 50-Day Moving Average is 7.72%. Shares have dropped -56.36% from its 1 Year high price. On Jul 20, 2015, the shares registered one year high at $117.00 and the one year low was seen on Jul 6, 2016. The 50-Day Moving Average price is $53.16 and the 200 Day Moving Average price is recorded at $60.07.

Zebra Technologies Corporation (NASDAQ:ZBRA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $49.61 and $49.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $50.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $49.38, notching a gain of 0.39% for the day. The total traded volume was 684,797 . The stock had closed at $49.19 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Zebra Technologies Corp, Modruson Frank Blaise had purchased shares worth of $55,234 in a transaction dated on May 19, 2016. A total of 1,130 shares were purchased at a price of $48.88 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

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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