Large Outflow of Money Witnessed in Citrix Systems

Citrix Systems (CTXS) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (1.71 million) in Citrix Systems (CTXS). On Wednesday, The value of composite uptick trades was $3.4 million, whereas, the value of composite downtick trades was $5.1 million and the ratio between the two was 0.67, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $0 million. The negative money flow of ($0 million) shows selling on strength. Citrix Systems (CTXS) gained $0.29 intraday at $85.54 and registrered 0.34% for the week.


Shares of Citrix Systems, Inc. appreciated by 1.8% during the last five trading days but lost 2.83% on a 4-week basis. Citrix Systems, Inc. is up 6.7% in the last 3-month period. Year-to-Date the stock performance stands at 13.72%.

Citrix Systems (CTXS) : 17 analysts are covering Citrix Systems (CTXS) and their average rating on the stock is 2.34, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Citrix Systems (CTXS) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 2 more analyst has given the stock a Sell recommendation. A total of 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Citrix Systems (NASDAQ:CTXS): The stock opened at $85.19 and touched an intraday high of $86.08 on Wednesday. During the day, the stock corrected to an intraday low of $84.98, however, the bulls stepped in and pushed the price higher to close in the green at $86.03 with a gain of 0.91% for the day. The total traded volume for the day was 669,503. The stock had closed at $85.25 in the previous trading session.

Citrix Systems, Inc. provides virtualization, mobility management, networking and SaaS solutions to businesses. The Companys solutions offer secure, mobile workspaces that provide people with access to apps, desktops, data and communications on any device, over any network or cloud. It markets and licenses its products directly to customers. The Company operates through two segments: Enterprise and Service Provider division and the Mobility Apps division. Enterprise and Service Provider divisions Workspace services include mobile platforms, desktop and application virtualization, citrix workspace suite and delivery networking. Its Mobility Apps applications include communications cloud, documents cloud and workflow cloud. It also offers Professional Services and Technology products, which include Citrix HDX, FlexCast, Citrix personalization technologies, NetScaler Software Packet Engine, ByteMobile Adaptive Traffic Management System, XenMobile and Citrix Internet, among others.

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