Large Outflow of Money Witnessed in Zayo Group Holdings

Zayo Group Holdings (ZAYO) : The value of composite uptick trades was $14.57 million, whereas, the value of composite downtick trades was $15.75 million. The uptick to downtick ratio stood at 0.93 with a negative money flow of ($1.18) Million during Wednesdays trading session. The block trades money flow was negative ($0.72 million).The uptick to the downtick ratio of 0.92 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $7.96 million. The transaction of the trades on downticks amounted to $8.68 million, which confirms investors selling on the strength of price. Zayo Group Holdings (ZAYO) gained 24 cents at $30.06, an increase of 0.79% over the previous days close.


Shares of Zayo Group Holdings, Inc. rose by 2.91% in the last five trading days and 5.33% for the last 4 weeks. Zayo Group Holdings, Inc. is up 10.57% in the last 3-month period. Year-to-Date the stock performance stands at 14.48%.

Zayo Group Holdings (ZAYO) : The consensus on Zayo Group Holdings (ZAYO) based on 13 analyst recommendation on the company stock is 1.85, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Zayo Group Holdings (NYSE:ZAYO): The stock opened at $29.8 and touched an intraday high of $30.47 on Wednesday. During the day, the stock corrected to an intraday low of $29.77, however, the bulls stepped in and pushed the price higher to close in the green at $30.44 with a gain of 2.08% for the day. The total traded volume for the day was 3,780,238. The stock had closed at $29.82 in the previous trading session.

Zayo Group Holdings, Inc. is a provider of bandwidth infrastructure in the United States and Europe. The Companys products include leased dark fiber, fiber to cellular towers and small cell sites, dedicated wavelength connections, Ethernet and Internet protocol (IP) connectivity and other high-bandwidth offerings. Its products and services include physical infrastructure, and cloud and connectivity. It operates through three segments: Physical Infrastructure, Cloud and Connectivity, and Other. Its bandwidth infrastructure assets consist of fiber networks, the optronic equipment used to provide its lit services over its fiber networks, and its datacenters where it provides colocation and interconnection services. The Company, through metro fiber networks, provides bandwidth infrastructure services within the metro markets that it serves. The Company, through regional fiber networks, provides bandwidth infrastructure services between the metro markets that it serves.

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