Shares of Endurance International Group Holdings (EIGI) Sees Large Inflow of Net Money Flow

Endurance International Group Holdings (EIGI) : Wednesdays money flow data in Endurance International Group Holdings (EIGI) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $0.56 million, whereas, $0.16 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 3.51, in favor of the bulls. The total money flow into the stock was $0.4 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.45 million. The total value of block trades done on upticks was $0.45 million. Endurance International Group Holdings (EIGI) fell $0.15 and traded at $8.85, down -1.67% for the day, over previous days close. On a weekly basis, the shares are 4% over the previous weeks close.

Endurance

Shares of Endurance International Group Holdings, Inc. rose by 6.44% in the last five trading days and 16.99% for the last 4 weeks. Endurance International Group Holdings, Inc. is up 2.94% in the last 3-month period. Year-to-Date the stock performance stands at -16.83%.

Endurance International Group Holdings (EIGI) : The consensus on Endurance International Group Holdings (EIGI) based on 7 analyst recommendation on the company stock is 2.14, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Endurance International Group Holdings (NASDAQ:EIGI): The stock opened at $9 and touched an intraday high of $9.1001 on Wednesday. During the day, the stock corrected to an intraday low of $8.81, however, the bulls stepped in and pushed the price higher to close in the green at $9.09 with a gain of 1.00% for the day. The total traded volume for the day was 1,091,681. The stock had closed at $9 in the previous trading session.

Endurance International Group Holdings, Inc. (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. Leveraging the Companys technology platform, it serves approximately 4.1 million subscribers across the globe with an integrated suite of over 150 products and services that help SMBs get online, get found and grow their businesses. The products and services available on its platform include domains, Website builders, Web hosting, email, security, storage, site backup, search engine optimization (SEO), and search engine marketing (SEM), social media services, Website analytics, mobile device tools and productivity and e-commerce solutions. It conducts operations in the United States, Brazil, India and the United Kingdom. It also has third-party contract support services assisting customers in China and Singapore.

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