Large Inflow of Money Detected in Marketo

Marketo (MKTO) stock had a bullish inflow of $3.85 million worth of trades on uptick and an outflow of $2.02 million in downticks on Thursday. The total uptick to downtick ratio stood at 1.9. The net money flow into the stock was $1.83 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.62 million. An inflow of $0.88 million block trade was recorded on downticks. $2.5 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 2.85 in favor of the bulls. However, Marketo (MKTO) stock traded down $0.01 , and reached $35.01, a drop of -0.01% over the previous day. On a weekly basis, the stock is 0.04%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 0.23% and the 50-Day Moving Average is 10.44%. Shares have rallied 43.85% from its 1 Year high price. On Jun 2, 2016, the shares registered one year high at $35.30 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $34.16 and the 200 Day Moving Average price is recorded at $24.09.

Marketo (NASDAQ:MKTO): The stock opened at $35.04 on Thursday but the bulls could not build on the opening and the stock topped out at $35.05 for the day. The stock traded down to $34.95 during the day, due to lack of any buying support eventually closed down at $34.97 with a loss of -0.11% for the day. The stock had closed at $35.01 on the previous day. The total traded volume was 1,509,205 shares.

In an insider trading activity, The Securities and Exchange Commission has divulged that Fernandez Phillip M, director officer (President, CEO & Chairman) of Marketo, Inc., had unloaded 21,600 shares at an average price of $34.98 in a transaction dated on July 7, 2016. The total value of the transaction was worth $755,568.

Marketo, Inc. (Marketo) is engaged in providing cloud-based marketing solutions platform for the organizations ranging from small and medium businesses to largest enterprises, to engage in modern relationship marketing. The Companys platform provides the execution, management and analytical measurement of online, social, mobile and offline marketing activities and customer interactions in multi-channel business environment. The Companys platform offers an integrated suite of applications, which include marketing automation, sales insight, revenue analytics, marketing calendar, real-time personalization and social marketing. Its applications are complemented by the Marketo Marketing Nation, a network of more than 400 third-party solutions through the Companys LaunchPoint ecosystem. The Company has approximately 3,794 customers across a range of industries, including business services, consumer, financial services, healthcare, manufacturing, media, technology and telecommunications.

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