Large Inflow of Money Witnessed in Guidewire Software

Guidewire Software (GWRE) : Thursdays money flow indicated an uptick to downtick ratio was at 16.39. The total value of inflow transactions on upticks was $0.4 million, whereas, the total value of outflow trades on downticks was $0.02 million. The total money flow was $0.38 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0 million. The total value of the trades done on upticks was $0 million. Guidewire Software (GWRE) was trading with a -0.18% change over previous days close. It fell $0.11 during the day and reached $61.69. The stock was 0.34% compared to the previous weeks close.


Guidewire Software (GWRE) stock is expected to deviate a maximum of $5.88 from the average target price of $69.17 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $80 and the most muted being $64. The stock has recorded a 20-day Moving Average of 2.37% and the 50-Day Moving Average is 5.42%.

Guidewire Software (NYSE:GWRE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $61.82 and $61.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $62.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $61.98, notching a gain of 0.29% for the day. The total traded volume was 247,057 . The stock had closed at $61.80 on the previous day.

Guidewire Software, Inc. is a provider of software products for property and casualty (P&C) insurers. The Companys software serves as a technology platform for P&C insurance carriers. Its platform consists of three products: core transaction processing, data management and analytics, and digital engagement. The Company sells its products to a variety of insurance carriers ranging from global insurers to national carriers to regional carriers. Its core transaction processing includes Guidewire InsuranceSuite, Guidewire PolicyCenter, Guidewire ClaimCenter, Guidewire BillingCenter and InsuranceSuite Add-on Modules. InsuranceSuite Add-on Modules includes Guidewire Rating Management, Guidewire Reinsurance Management, Guidewire Client Data Management, Guidewire Standards-Based Templates and Guidewire London Market Messaging. Its data management and analytics includes Guidewire DataHub, Guidewire InfoCenter and Guidewire Live, and digital engagement includes Guidewire Digital Portals.

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