Large Outflow of Money Witnessed in Interactive Intelligence Group

Interactive Intelligence Group (ININ) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($7.8 million) and the uptick to downtick ratio was 0.14. The transaction value on upticks was $1.26 million and on downticks, the transaction value was $9.06 million. The transaction value of block trades during downticks was $6.95 million. The money flow was negative ($6.95 million), indicating the traders were booking profit on the price strength. Interactive Intelligence Group (ININ) rose $0.06 at $60.25, during intraday Wednesday , a rise of 0.1% over the previous days close.

Interactive

Interactive Intelligence Group Inc. has dropped 0.13% in the last five trading days, however, the shares have posted positive gains of 5.33% in the last 4 weeks. Interactive Intelligence Group Inc. is up 51.84% in the last 3-month period. Year-to-Date the stock performance stands at 91.76%.

Interactive Intelligence Group (ININ) : Zacks Investment Research ranks Interactive Intelligence Group (ININ) as 3, which is a Hold recommendation. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 2.89, which indicates as a Hold.

Interactive Intelligence Group (NASDAQ:ININ): The stock opened at $60.15 and touched an intraday high of $60.3 on Wednesday. During the day, the stock corrected to an intraday low of $60.07, however, the bulls stepped in and pushed the price higher to close in the green at $60.25 with a gain of 0.10% for the day. The total traded volume for the day was 332,684. The stock had closed at $60.19 in the previous trading session.

Interactive Intelligence Group, Inc. is a provider of software and services for collaboration, communications and customer engagement. The Companys primary offering is its Customer Interaction Center (CIC) product suite, a multichannel communications platform that can be deployed on-premises or through the cloud as Communications as a Service (CaaS). The Company is engaged in the contact center market, where its software applications provide pre-integrated inbound and outbound communications functionality. The Company utilizes this same communications platform to provide solutions for unified communications, workforce optimization and business process automation. Its solutions are applicable in various industries, including tele-services, insurance, banking, accounts receivable management, utilities, healthcare, retail, technology, government and business services.

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