Salesforce.com Inc (CRM) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (39.65 million) in Salesforce.com Inc (CRM). On Wednesday, The value of composite uptick trades was $81.37 million, whereas, the value of composite downtick trades was $121.03 million and the ratio between the two was 0.67, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $41.79 million. $3.89 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.09. The negative money flow of ($37.9 million) shows selling on strength. Salesforce.com Inc (CRM) gained $1.57 intraday at $71.62 and registrered 2.24% for the week.
salesforce.com, inc. has lost 3.45% in the last five trading days and dropped 10.39% in the last 4 weeks. salesforce.com, inc. has dropped 9.34% during the last 3-month period . Year-to-Date the stock performance stands at -8.65%.
Salesforce.com Inc (CRM) : 29 analysts are covering Salesforce.com Inc (CRM) and their average rating on the stock is 1.17, which is read as a Strong Buy. 26 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. Salesforce.com Inc (CRM) 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 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Salesforce.com Inc (NYSE:CRM): The stock opened at $70.39 and touched an intraday high of $71.73 on Wednesday. During the day, the stock corrected to an intraday low of $70.15, however, the bulls stepped in and pushed the price higher to close in the green at $71.62 with a gain of 2.24% for the day. The total traded volume for the day was 7,467,277. The stock had closed at $70.05 in the previous trading session.
salesforce.com, inc. is a provider of enterprise cloud computing solutions that include apps and platform services, as well as professional services. The Company focuses on customer relationship management (CRM). The Company offers six core cloud services that include sales force automation, customer service and support, marketing automation, community management, analytics and a cloud platform for building custom applications. The Company offers consulting, deployment, training, implementation and integration services to its customers to facilitate the adoption of its cloud solutions. The Company delivers its solutions as a service through all the Internet browsers and on mobile devices, on a subscription basis, primarily through its direct sales efforts and indirectly through partners.