Large Outflow of Money Witnessed in Cerner Corporation

Cerner Corporation (CERN) : Money flow in the Cerner Corporation (CERN) stock was negative (0.59 million) on Monday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $0.07 million, compared to $0.66 million on downticks. The total uptick to downtick ratio was 0.1, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($0.62 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $0.62 million, indicating persistent selling. Cerner Corporation (CERN) traded $0.21 higher at $60.79 gaining 0.35% over the previous days close.


Cerner Corporation is up 4.84% in the last 3-month period. Year-to-Date the stock performance stands at 1.2%. Shares of Cerner Corporation rose by 1.31% in the last five trading days and 12.01% for the last 4 weeks. In a related news, Zollars William D, director of Cerner Corp /Mo/, unloaded 9,000 shares at an average price of $55.72 on June 1, 2016. The total amount of the transaction was worth $501,480, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Cerner Corporation (NASDAQ:CERN): stock turned positive on Monday. Though the stock opened at $60.48, the bulls momentum made the stock top out at $60.93 level for the day. The stock recorded a low of $60.4 and closed the trading day at $60.89, in the green by 0.51%. The total traded volume for the day was 1,045,138. The stock had closed at $60.58 in the previous days trading.

Cerner Corporation (Cerner) is a supplier of health care information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations. The Company offers software, hardware, professional services and managed services. The Company operates in two segments: Domestic and Global. The Domestic segment includes the business activity in the United States. The Global segment includes the business activity in Aruba, Australia, Austria, Brazil, Canada, Cayman Islands, Chile, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Israel, Malaysia, Mexico, Netherlands, Qatar, Saudi Arabia, Singapore, Spain, Switzerland and the United Arab Emirates. Cerner solutions are offered on the unified Cerner Millennium architecture and on the HealtheIntent cloud-based platform. Its solutions include HealtheRegistries, Cerner ITWorks, Cerner RevWorks, PowerWorks and CommunityWorks, among others.

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