Shares of Hewlett-Packard Company (HPQ) Sees Large Inflow of Net Money Flow

Hewlett-Packard Company (HPQ) : $15.65 million worth of transactions were on upticks in Hewlett-Packard Company (HPQ), compared to $14.12 million on downticks. The ratio between the two was 1.11, whereas, the net money flow stood at a healthy $1.53 million on Fridays session.The block trades show a bullish bias with only $3.68 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $5.03million worth of trades. The up-down ratio between the uptick and downtick was 1.37, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $1.35 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.07%. The stock was trading at $14.49, with a drop of $0.01 over the previous days close. The stock recorded 0.69% for the week.


The company Insiders own 0.51% of Hewlett-Packard Company shares according to the proxy statements. Institutional Investors own 78.8% of Hewlett-Packard Company shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the (Global Controller, HFS & PAO) of Hp Inc, Myers Marie had sold 10,269 shares worth of $149,414 in a transaction dated August 29, 2016. In this transaction, 10,269 shares were sold at $14.55 per share.

Hewlett-Packard Company (NYSE:HPQ): stock was range-bound between the intraday low of $14.45 and the intraday high of $14.7 after having opened at $14.61 on Fridays session. The stock finally closed in the red at $14.61, a loss of -0.07%. The stock remained in the red for the whole trading day. The total traded volume was 8,327,224 shares. The stock failed to cross $14.7 in Fridays trading. The stocks closing price on Thursday was $14.5.

Hewlett-Packard Company (HPQ) : Traders are bullish on Hewlett-Packard Company (HPQ) as it has outperformed the S&P 500 by a wide margin of 1.61% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.19%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.69% in the last 1 week, and is up 1.47% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

HP INC, formerly Hewlett-Packard Company (HP), is a global provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors. The Company offers IT industrys broadest portfolios of products and services that bring infrastructure, software, and services through innovation to enable its customers to create value and solve business problems. The Company designs its solutions to provide foundation, in the areas of security, cloud, mobility and big data, by leveraging the breadth of its offerings and the strengths and capabilities of its individual business units. The Companys operations are organized into seven business segments: Personal Systems; Printing; the Enterprise Group (EG); Enterprise Services (ES); Software; HP Financial Services (HPFS), and Corporate Investments.

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