Large Outflow of Money Witnessed in Citrix Systems

Citrix Systems (CTXS) : Money flow in the Citrix Systems (CTXS) stock was negative (2.1 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 $7.14 million, compared to $9.25 million on downticks. The total uptick to downtick ratio was 0.77, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($2.76 million), indicating selling on the strength. The transaction value during uptick in block trades was $2.12 million. Downtick transaction value in block trades amounted to $4.89 million, indicating persistent selling. The uptick to downtick ratio was 0.43. Citrix Systems (CTXS) traded $0.2 higher at $85.04 gaining 0.24% over the previous days close.


Citrix Systems, Inc. is up 4.13% in the last 3-month period. Year-to-Date the stock performance stands at 12%. Shares of Citrix Systems, Inc. rose by 1.79% in the last five trading days and 0.37% for the last 4 weeks. In a related news,The Director of CITRIX SYSTEMS INC, Demo Murray J sold 1,000 shares at $79.49 on June 29, 2016. The Insider selling transaction had a total value worth of $79,490. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Citrix Systems (NASDAQ:CTXS): On Mondays trading session , Opening price of the stock was $84.95 with an intraday high of $85.37. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $84.57. However, the stock managed to close at $84.73, a loss of 0.13% for the day. On the previous day, the stock had closed at $84.84. The total traded volume of the day was 796,907 shares.

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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