Shares of Verifone Systems (PAY) Sees Large Inflow of Net Money Flow

Verifone Systems (PAY) : Fridays money flow indicated an uptick to downtick ratio was at 1.04. The total value of inflow transactions on upticks was $88.92 million, whereas, the total value of outflow trades on downticks was $85.3 million. The total money flow was $3.62 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $7.45 million. The total value of the trades done on upticks was $9.18 million. Downticks saw transactions worth $1.73 million. The total uptick to downtick ratio stood at 5.3, mildly in favor of the bulls. Verifone Systems (PAY) was trading with a -16.37% change over previous days close. It fell $3.29 during the day and reached $16.81. The stock was -13.79% compared to the previous weeks close.


The company Insiders own 1.2% of Verifone Systems shares according to the proxy statements. Institutional Investors own 97.06% of Verifone Systems shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, Engineering & CTO) of Verifone Systems, Inc., Bhanot Alok had sold 994 shares worth of $28,568 in a transaction dated December 29, 2015. In this transaction, 994 shares were sold at $28.74 per share.

Verifone Systems (NYSE:PAY): stock was range-bound between the intraday low of $16.07 and the intraday high of $17.09 after having opened at $16.84 on Fridays session. The stock finally closed in the red at $16.84, a loss of -16.37%. The stock remained in the red for the whole trading day. The total traded volume was 26,748,874 shares. The stock failed to cross $17.09 in Fridays trading. The stocks closing price on Thursday was $20.1.

Verifone Systems (PAY) : During the past 4 weeks, traders have been relatively bearish on Verifone Systems (PAY), hence the stock is down -13.77% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -14.23% relative to the S&P 500. The 4-week change in the price of the stock is -13.88% and the stock has fallen -13.8% in the past 1 week.

VeriFone Systems, Inc. (VeriFone), formerly VeriFone Holdings, Inc. is a holding company of VeriFone, Inc. The Company is engaged in the secure electronic payment solutions. Its system solutions consist of point of sale (POS) electronic payment devices that run its and third-party operating systems, security and encryption software, and certified payment software, as well as other third-party value-added applications. Its system solutions process a range of payment types. The Companys electronic payment systems are available in several modular configurations, offering its support to a range of connectivity options. The Company also offers customers technical support for installed payment systems, consulting services, and project management services for system deployment, and customization of integrated software solutions. It provides solutions, and services for the financial services, retail, petroleum, restaurant, hospitality, taxi, transportation, and healthcare markets.

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