Shares of ARRIS Group (ARRS) Sees Large Inflow of Net Money Flow

ARRIS Group (ARRS) : On Wednesday, The money flowed into the ARRIS Group (ARRS) stock with an uptick to downtick ratio was recorded at 1.57. Transactions worth $11.01 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $7.02 million. The total money flow into the stock was $3.99 million. The block trades reveal a bullish bias with an up-down ratio of 4.61. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $3.66 million of block transactions on upticks. The value of block trades on downticks was $0.79 million, indicating lower selling interest. The total money flow in block trades was $2.87 million. In terms of price action, ARRIS Group (ARRS) traded down $0.09 during the session at $28.32. Compared to the previous days closing, the stock was down only by -0.32%. For the week, the stock is -1.01%, over previous weeks closing.


ARRIS International plc has dropped 2.01% in the last five trading days, however, the shares have posted positive gains of 1.32% in the last 4 weeks. ARRIS International plc is up 37.61% in the last 3-month period. Year-to-Date the stock performance stands at -7.36%.

ARRIS Group (ARRS) : Zacks Investment Research ranks ARRIS Group (ARRS) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 7 research analysts is 1.43, which indicates as a Strong Buy.

ARRIS Group (NASDAQ:ARRS): stock was range-bound between the intraday low of $27.77 and the intraday high of $28.55 after having opened at $28.43 on Wednesdays session. The stock finally closed in the red at $28.43, a loss of -0.32%. The stock remained in the red for the whole trading day. The total traded volume was 1,875,319 shares. The stock failed to cross $28.55 in Wednesdays trading. The stocks closing price on Thursday was $28.41.

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