Shares of Equinix (NASDAQ:EQIX) Sees Large Inflow of Net Money Flow

Equinix (NASDAQ:EQIX) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $373.56 with a loss of -3.9 points or -1.03%. The net money flow was $15.4 million and the up/down ratio was 1.35. Approximately $59.6 million was the inflow in upticks and $44.2 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of 0.88%.The shares witnessed a block transaction with a net money flow of $17.47 million. The total money in uptick was $17.47 million and in downtick was $0 million with the up/down ratio reaching 0.

Shares of Equinix, Inc. rose by 1.16% in the last five trading days and 10.07% for the last 4 weeks. Equinix, Inc. is up 19.23% in the last 3-month period. Year-to-Date the stock performance stands at 25.21%.

Currently the company Insiders own 0.69% of Equinix shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -23.31% . During last six month period, the net percent change held by insiders has seen a change of -30.16%. . On the companys insider trading activities, The director officer (CEO & President), of Equinix Inc, Smith Stephen M had unloaded 3,621 shares at $368.18 per share in a transaction on June 6, 2016. The total value of transaction was $1,333,180. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Equinix (NASDAQ:EQIX) witnessed a decline in the market cap on Friday as its shares dropped 0.76% or 2.88 points. After the session commenced at $375.65, the stock reached the higher end at $378.31 while it hit a low of $369.225. With the volume soaring to 1,338,104 shares, the last trade was called at $374.58. The company has a 52-week high of $378.31. The company has a market cap of $26,006 million and there are 69,427,936 shares in outstanding. The 52-week low of the share price is $249.96.

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.

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