Large Inflow of Money Detected in Comtech Telecommunications

Comtech Telecommunications (CMTL): $0.28 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 4.73. The value of trades done on upticks was $0.35 million, whereas, trades done on downticks were valued at $0.07 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.1 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.1 million. Comtech Telecommunications (CMTL) fell $0.26 traded at $13.02, a change of -1.96% over the previous day. The stock is -0.76% for the week.


The stock has recorded a 20-day Moving Average of 1.72% and the 50-Day Moving Average is 30.38%. Shares have dropped -56.28% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $30.93 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $17.39 and the 200 Day Moving Average price is recorded at $20.37.

Comtech Telecommunications (NASDAQ:CMTL): The stock opened at $13.28 on Thursday but the bulls could not build on the opening and the stock topped out at $13.28 for the day. The stock traded down to $12.91 during the day, due to lack of any buying support eventually closed down at $13.07 with a loss of -3.76% for the day. The stock had closed at $13.58 on the previous day. The total traded volume was 513,654 shares.

In an insider trading activity,The director of Comtech Telecommunications Corp /De/, Kaplan Ira sold 15,000 shares at $31.53 on April 14, 2015. The Insider selling transaction had a total value worth of $472,950. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Comtech Telecommunications Corp. designs, develops, produces and markets products, systems and services for advanced communications solutions. The Company operates through three segments: telecommunications transmission, RF microwave amplifiers and mobile data communications. Its telecommunications transmission segment provides equipment and systems used for satellite transmission and enable wireless communications. Its RF microwave amplifiers segment designs, develops, manufactures and markets traveling wave tube amplifiers and solid-state power amplifiers, including high-power, narrow and broadband radio frequency (RF) microwave amplifier products. Its mobile data communications segments products and services relate to its support of the United States Armys Blue Force Tracking (BFT-1) program. It sells its products to customer base in the global commercial and government communications markets, including the backhaul of wireless and cellular traffic, and defense applications.

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