Large Outflow of Money Witnessed in Computer Sciences Corporation

Computer Sciences Corporation (CSC) : Net money flow in Computer Sciences Corporation (CSC) was negative ($2.55 million) and the inflow of money on uptick was $4.44 million, whereas, the outflow of money on downticks amounted to $6.99 million on Wednesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.64. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $3.43 million. The money flow in block trades was negative ($3.43). Computer Sciences Corporation (CSC) gained $0.23 cent during the day and reached $52.33, a gain of 0.44% over the previous day.


Shares of Computer Sciences Corporation rose by 3% in the last five trading days and 13.49% for the last 4 weeks. Computer Sciences Corporation is up 9.34% in the last 3-month period. Year-to-Date the stock performance stands at 63.47%.

Computer Sciences Corporation (CSC) : 10 analysts are covering Computer Sciences Corporation (CSC) and their average rating on the stock is 2.6, which is read as a Hold. 2 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. 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. A total of 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Computer Sciences Corporation (NYSE:CSC): The stock opened at $51.99 and touched an intraday high of $52.99 on Wednesday. During the day, the stock corrected to an intraday low of $51.63, however, the bulls stepped in and pushed the price higher to close in the green at $52.9 with a gain of 1.54% for the day. The total traded volume for the day was 1,526,766. The stock had closed at $52.1 in the previous trading session.

Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through three segments: Global Business Services (GBS), which is a provider of various technology solutions, including consulting, applications services and software; Global Infrastructure Services (GIS), which provides solutions, such as managed and virtual desktop solutions, and data center management, and North American Public Sector (NPS), which delivers IT, mission and operations-related services. Its subsidiary, ServiceMesh Inc. (ServiceMesh), is a provider of enterprise cloud management software. ServiceMesh also provides various other services, such as tiered services levels, different levels of security, self-service options, governance, policy and real time monitoring. CSCs subsidiary, Fruition Partners, provides technology-enabled solutions for the service-management sector and provides support for ServiceNow-related software

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