Maximus (MMS) : The total money flow in Maximus (MMS) was negative ($3.66 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $4.24 million. In comparison, the inflow of money into the stock on upticks was $0.58 million. The uptick to downtick ratio was 0.14. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $3.76 million. The negative money flow of ($3.76 million) confirms the selling in Maximus (MMS) on strength. Maximus (MMS) gained $0.05 at $58.35, a gain of 0.09% over the previous days close. However, the stock registered 0.79% in the week.
MAXIMUS, Inc. is up 12.11% in the last 3-month period. Year-to-Date the stock performance stands at 3.07%. MAXIMUS, Inc. has dropped 0.91% in the last five trading days, however, the shares have posted positive gains of 4.18% in the last 4 weeks. In a related news, The director, of Maximus Inc, Ruddy Raymond B had unloaded 18,000 shares at $60 per share in a transaction on July 14, 2016. The total value of transaction was $1,080,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Maximus (NYSE:MMS): On Mondays trading session , Opening price of the stock was $58.33 with an intraday high of $58.43. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $57.54. However, the stock managed to close at $57.87, a loss of 0.74% for the day. On the previous day, the stock had closed at $58.3. The total traded volume of the day was 384,306 shares.
MAXIMUS, Inc. provides business process services (BPS) to Government health and human services agencies. The Company is primarily focused on operating Government-sponsored programs, such as Medicaid, childrens health insurance program (CHIP), health insurance exchanges and other health care reform initiatives, Medicare, welfare-to-work, child support services and other Government programs. It provides health and human services to Governments in the United States, Australia, Canada, the United Kingdom and Saudi Arabia. The Companys United States federal services business provides various contract vehicles. The Companys Health Services segment provides a range of business process services, as well as related consulting services, for state, provincial and federal Government programs. The Companys Human Services segment provides federal, national, state and county human services agencies with a range of business process services, as well as related consulting services.