Shares of DexCom (DXCM) Sees Large Inflow of Net Money Flow

DexCom (DXCM) : On Wednesday, The money flowed into the DexCom (DXCM) stock with an uptick to downtick ratio was recorded at 1.04. Transactions worth $91.17 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $87.48 million. The total money flow into the stock was $3.69 million. The block trades reveal a bullish bias with an up-down ratio of 1.31. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $15.58 million of block transactions on upticks. The value of block trades on downticks was $11.85 million, indicating lower selling interest. The total money flow in block trades was $3.73 million. In terms of price action, DexCom (DXCM) traded down $5.74 during the session at $87.98. Compared to the previous days closing, the stock was down only by -6.12%. For the week, the stock is -6.31%, over previous weeks closing.


DexCom, Inc. has lost 4.02% in the last five trading days and dropped 2.08% in the last 4 weeks. DexCom, Inc. is up 14.99% in the last 3-month period. Year-to-Date the stock performance stands at 9.57%.

DexCom (DXCM) : 15 analysts are covering DexCom (DXCM) and their average rating on the stock is 1.9, which is read as a Buy. 8 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. DexCom (DXCM) also receives 2 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. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

DexCom (NASDAQ:DXCM): stock was range-bound between the intraday low of $84.72 and the intraday high of $93.72 after having opened at $93.55 on Wednesdays session. The stock finally closed in the red at $93.55, a loss of -4.25%. The stock remained in the red for the whole trading day. The total traded volume was 4,490,051 shares. The stock failed to cross $93.72 in Wednesdays trading. The stocks closing price on Thursday was $93.72.

Dexcom, Inc. (Dexcom) is a medical device company. The Company is focused on the design, development and commercialization of continuous glucose monitoring systems for ambulatory use by people with diabetes and for use by healthcare providers for the treatment of people with and without diabetes. Its products consist of DexCom G4, DexCom G4 PLATINUM and DexCom Share System. The DexCom G4 PLATINUM with Share uses a wireless connection between a patients receiver and an application on the patients iPhone to transmit glucose information to applications on the mobile devices of up to five designated recipients or followers, who can remotely monitor a patients glucose information and receive alert notifications anywhere they have an Internet connection. SweetSpots data transfer service is a Medical Device Data System (MDDS) and allows researchers to control the transfer of data from certain diabetes devices to research tools and databases according to their own research workflows.

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