Equinix (EQIX) : On Monday, The money flowed into the Equinix (EQIX) stock with an uptick to downtick ratio was recorded at 3.71. Transactions worth $1.55 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $0.42 million. The total money flow into the stock was $1.13 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0.1 million of block transactions on upticks. The total money flow in block trades was $0.1 million. In terms of price action, Equinix (EQIX) traded down $0.65 during the session at $379.32. Compared to the previous days closing, the stock was down only by -0.17%. For the week, the stock is -2.6%, over previous weeks closing.
Equinix, Inc. is up 17.43% in the last 3-month period. Year-to-Date the stock performance stands at 27.15%. Equinix, Inc. has dropped 2.15% in the last five trading days, however, the shares have posted positive gains of 0.78% in the last 4 weeks. In a related news, Smith Stephen M, director officer (CEO & President) of Equinix Inc, unloaded 3,621 shares at an average price of $368.18 on June 6, 2016. The total amount of the transaction was worth $1,333,180, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Equinix (NASDAQ:EQIX): stock turned positive on Monday. Though the stock opened at $380.95, the bulls momentum made the stock top out at $381.51 level for the day. The stock recorded a low of $378.14 and closed the trading day at $380.4, in the green by 0.11%. The total traded volume for the day was 337,642. The stock had closed at $379.97 in the previous days trading.
Equinix, Inc. is a networking company. The Company provides data center offerings primarily consisting of colocation, interconnection solutions and managed IT infrastructure services. The Companys colocation offerings include Cabinets, Power and IBXflex. Cabinets allows customer for colocating networking, server and storage equipment. Power is an element of increasing importance in customers colocation decisions. IBXflex allows customers to deploy mission-critical operations personnel and equipment on-site at its IBX data centers. The Companys interconnection solutions enable scalable, reliable and cost-effective interconnection and traffic exchange between Equinix customers. The Company offers managed IT infrastructure services, such as Equinix Professional Services, which offers practical guidance and proven solutions to help customers optimize and future-proof the data center architectures.