Large Outflow of Money Witnessed in BroadSoft

BroadSoft (BSFT) : The total money flow in BroadSoft (BSFT) was negative ($0.88 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $1.63 million. In comparison, the inflow of money into the stock on upticks was $0.74 million. The uptick to downtick ratio was 0.46. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $1.09 million. The negative money flow of ($1.09 million) confirms the selling in BroadSoft (BSFT) on strength. BroadSoft (BSFT) gained $0.34 at $46.78, a gain of 0.73% over the previous days close. However, the stock registered -0.7% in the week.


Shares of BroadSoft, Inc. rose by 1.72% in the last five trading days and 5.31% for the last 4 weeks. BroadSoft, Inc. is up 17.78% in the last 3-month period. Year-to-Date the stock performance stands at 33.6%.

BroadSoft (BSFT) : 9 analysts are covering BroadSoft (BSFT) and their average rating on the stock is 1.67, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. BroadSoft (BSFT) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

BroadSoft (NASDAQ:BSFT): The stock opened at $46.9 and touched an intraday high of $47.26 on Wednesday. During the day, the stock corrected to an intraday low of $46.7, however, the bulls stepped in and pushed the price higher to close in the green at $47.24 with a gain of 1.72% for the day. The total traded volume for the day was 306,435. The stock had closed at $46.44 in the previous trading session.

BroadSoft, Inc. is a provider of software and services that enable mobile, fixed-line and cable service providers to deliver hosted, cloud-based unified communications (UC), over their internet protocol (IP)- -based networks. The Company offers service providers two deployment options, software and software-as-a-service (SaaS). Hosted UC enables the delivery of PBX features without the need for premise-based equipment. BroadWorks is the Companys application server software offering. The Companys second deployment option is BroadCloud SaaS offering. UC-One is a communications and collaboration offering that enables mobile, fixed-line, cable and converged service providers to offer businesses and other enterprises UC features and functionalities on a hosted basis. The key elements of the Companys technology include SIP, Call control, Geographic redundancy, Common OAMP platform, Media resource framework, Client technology, IMS and VoLTE and, Network Function Virtualization.

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