Large Inflow of Money Witnessed in Black Knight Financial Services

Black Knight Financial Services (BKFS) : The money flow analysis of Black Knight Financial Services (BKFS) indicates a $0.31 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $2.73 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 8.73 and so was the total money flow at $2.42 million. The bulls lapped up $2.44 million worth of block trades on upticks. The money flow was $2.44 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Black Knight Financial Services (BKFS), pushing it down by -1.14% for the day. The stock slid $0.43 and traded at $37.17 during the day. Nonetheless, the stock is -1.17% over the previous weeks close.


Black Knight Financial Services (BKFS) : 6 investment research analysts covering Black Knight Financial Services (BKFS) have an average price target of $36.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $41 and the lowest target is $32 for the short term. Analysts expect the variance to be within $3.39 of the average price. The stock has recorded a 20-day Moving Average of 5.78% and the 50-Day Moving Average is 9.18%.

Black Knight Financial Services (NYSE:BKFS): The stock opened at $37.53 on Thursday but the bulls could not build on the opening and the stock topped out at $37.65 for the day. The stock traded down to $37.05 during the day, due to lack of any buying support eventually closed down at $37.50 with a loss of -0.27% for the day. The stock had closed at $37.60 on the previous day. The total traded volume was 180,796 shares.

Black Knight Financial Services, Inc. is a holding company. The Company, through its subsidiaries, provides integrated technology, workflow automation and data and analytics to the mortgage industry. The Company operates through two segments: Technology, and Data and Analytics. The Companys Technology segment offers software and hosting solutions that support loan servicing, which includes the core mortgage servicing, specialty mortgage servicing, including loss mitigation and default workflow management, loan origination and settlement services. Its Data and Analytics segment offers solutions support its technology products in the mortgage, real estate and capital markets industries. These solutions include property ownership data, lien data, servicing data, automated valuation models, collateral risk scores, prepayment and default models, lead generation and other data solutions. Its subsidiaries include Black Knight InfoServ, LLC and Black Knight Financial Services, LLC.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *