Company Shares of Markit Ltd. (NASDAQ:MRKT) Drops by -3.23%

Markit Ltd. (NASDAQ:MRKT) : During the past 4 weeks, traders have been relatively bearish on Markit Ltd. (NASDAQ:MRKT), hence the stock is down -4.77% 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 -4.46% relative to the S&P 500. The 4-week change in the price of the stock is -3.23% and the stock has fallen -3.23% in the past 1 week.

The company shares have rallied 21.83% from its 1 Year high price. On Apr 20, 2016, the shares registered one year high at $35.77 and the one year low was seen on Jul 13, 2015. The 50-Day Moving Average price is $32.99 and the 200 Day Moving Average price is recorded at $31.51.

The stock has recorded a 20-day Moving Average of 1.06% and the 50-Day Moving Average is 4.33%.


Markit Ltd. (NASDAQ:MRKT): stock turned positive on Friday. Though the stock opened at $32.26, the bulls momentum made the stock top out at $32.41 level for the day. The stock recorded a low of $31.99 and closed the trading day at $32.03, in the green by 0.22%. The total traded volume for the day was 1,331,455. The stock had closed at $31.96 in the previous days trading.

Markit Ltd. is a global diversified provider of financial information services. The Company provides pricing and reference data, indices, valuation and trading services, trade processing, enterprise software and managed services. The Companys business is organized in three segments. The Information segment provides content comprising pricing and reference data, indices, and valuation and trading services across multiple asset classes and geographies through both direct and third-party distribution channels. The Processing segment offers trade processing solutions globally for over-the-counter (OTC) derivatives, foreign exchange (FX) and syndicated loans, including connectivity, infrastructure and post-trade support. The Solutions segment provides configurable enterprise software platforms, managed services and hosted custom Web solutions. The Company has operations around the world and sells mainly within the United Kingdom, the United States of America and Europe.

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