Large Inflow of Money Detected in Cerner Corporation

Cerner Corporation (CERN) : Cerner Corporation (CERN) had a healthy money flow of $0.83 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $1.7 million, whereas, investors only sold shares worth $0.86 million on downticks. The stock closed the day with an up-down ratio of 1.96.The money flow in the block trades to the tune of $1.14 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $1.14 million worth of transactions were on upticks. Cerner Corporation (CERN) stock slid $0.13 intraday and traded at 60.23, a change of -0.22% over previous days close. However, for the week, the company shares are -0.64% compared to previous weeks close.


The stock has recorded a 20-day Moving Average of 6.59% and the 50-Day Moving Average is 8.77%. Shares have dropped -14.91% from its 1 Year high price. On Jul 29, 2015, the shares registered one year high at $75.00 and the one year low was seen on Mar 3, 2016. The 50-Day Moving Average price is $56.16 and the 200 Day Moving Average price is recorded at $55.50.

Cerner Corporation (NASDAQ:CERN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $60.86 and $60.08 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $60.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $60.80, notching a gain of 0.73% for the day. The total traded volume was 1,574,560 . The stock had closed at $60.36 on the previous day.

In an insider trading activity,The director of Cerner Corp /Mo/, Zollars William D sold 9,000 shares at $55.72 on June 1, 2016. The Insider selling transaction had a total value worth of $501,480. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Cerner Corporation (Cerner) is a supplier of health care information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations. The Company offers software, hardware, professional services and managed services. The Company operates in two segments: Domestic and Global. The Domestic segment includes the business activity in the United States. The Global segment includes the business activity in Aruba, Australia, Austria, Brazil, Canada, Cayman Islands, Chile, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Israel, Malaysia, Mexico, Netherlands, Qatar, Saudi Arabia, Singapore, Spain, Switzerland and the United Arab Emirates. Cerner solutions are offered on the unified Cerner Millennium architecture and on the HealtheIntent cloud-based platform. Its solutions include HealtheRegistries, Cerner ITWorks, Cerner RevWorks, PowerWorks and CommunityWorks, among others.

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