Equinix (EQIX) : $16.52 million worth of transactions were on upticks in Equinix (EQIX), compared to $14.51 million on downticks. The ratio between the two was 1.14, whereas, the net money flow stood at a healthy $2.01 million on Thursdays session. The consistent buying on upticks in the stock accounted for $0.1million worth of trades. The total money flow into the stock stood at $0.1 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.91%. The stock was trading at $383.2, with a drop of $3.51 over the previous days close. The stock recorded -1.6% for the week.
The stock has recorded a 20-day Moving Average of 0.53% and the 50-Day Moving Average is 5.3%. Shares have rallied 48.91% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $391.07 and the one year low was seen on Aug 25, 2015. The 50-Day Moving Average price is $373.65 and the 200 Day Moving Average price is recorded at $329.04.
Equinix (NASDAQ:EQIX): The stock opened at $388.29 on Thursday but the bulls could not build on the opening and the stock topped out at $390.00 for the day. The stock traded down to $381.38 during the day, due to lack of any buying support eventually closed down at $383.81 with a loss of -0.75% for the day. The stock had closed at $386.71 on the previous day. The total traded volume was 392,801 shares.
In an insider trading activity,The director officer (CEO & President) of Equinix Inc, Smith Stephen M sold 3,621 shares at $368.18 on June 6, 2016. The Insider selling transaction had a total value worth of $1,333,180. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Equinix, Inc. is a networking company. The Company provides data center offerings primarily consisting of colocation, interconnection solutions and managed IT infrastructure services. The Companys colocation offerings include Cabinets, Power and IBXflex. Cabinets allows customer for colocating networking, server and storage equipment. Power is an element of increasing importance in customers colocation decisions. IBXflex allows customers to deploy mission-critical operations personnel and equipment on-site at its IBX data centers. The Companys interconnection solutions enable scalable, reliable and cost-effective interconnection and traffic exchange between Equinix customers. The Company offers managed IT infrastructure services, such as Equinix Professional Services, which offers practical guidance and proven solutions to help customers optimize and future-proof the data center architectures.