Large Outflow of Money Witnessed in Endo International plc

Endo International plc (ENDP): The stock had negative money flow to the tune of ($1.03 million) on Wednesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $1.09 million, whereas, the outflow of money on downticks was $2.13 million and the ratio between the two was 0.51. The block trade had a negative net money flow of ($1 million). The total block trade value undertaken on upticks was $0.23 million. On the other hand, downticks amounted to $1.22 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.18. Endo International plc (ENDP) closed with marginal gains of 14 cents to end the day at $22.67, an increase of 0.62% over the previous days close. The stock recorded -3.08% for the week.

Endo

Shares of Endo International plc rose by 11.3% in the last five trading days and 7.4% for the last 4 weeks. Endo International plc is up 40.36% in the last 3-month period. Year-to-Date the stock performance stands at -63.48%.

Endo International plc (ENDP) : 16 analysts are covering Endo International plc (ENDP) and their average rating on the stock is 2.31, which is read as a Buy. 5 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. Endo International plc (ENDP) 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. A total of 10 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Endo International plc (NASDAQ:ENDP): stock was range-bound between the intraday low of $21.81 and the intraday high of $22.7 after having opened at $22.3 on Wednesdays session. The stock finally closed in the red at $22.3, a loss of -0.75%. The stock remained in the red for the whole trading day. The total traded volume was 4,538,272 shares. The stock failed to cross $22.7 in Wednesdays trading. The stocks closing price on Thursday was $22.53.

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