Shares of Infosys Limited (INFY) Drops by -5.77%

Infosys Limited (INFY) : During the past 4 weeks, traders have been relatively bearish on Infosys Limited (INFY), hence the stock is down -11.84% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.16% relative to the S&P 500. The 4-week change in the price of the stock is -7.99% and the stock has fallen -5.77% in the past 1 week. The stock has recorded a 20-day Moving Average of 7.09% and the 50-Day Moving Average is 8.7%.

Infosys Limited (NYSE:INFY): The stock opened at $16.86 on Friday but the bulls could not build on the opening and the stock topped out at $17.09 for the day. The stock traded down to $16.51 during the day, due to lack of any buying support eventually closed down at $16.81 with a loss of -8.84% for the day. The stock had closed at $18.44 on the previous day. The total traded volume was 21,035,810 shares.


The company Insiders own 22.42% of Infosys Limited shares according to the proxy statements. Institutional Investors own 17.63% of Infosys Limited shares.

Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Companys solutions include application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; Management Consulting, enterprise solutions and package implementation, systems integration and business intelligence; Products, business platforms and solutions, and technologies, such as cloud computing, enterprise mobility, digital, big data and analytics. Its segments are Financial Services and Insurance, Manufacturing, Energy and utilities, Communication and Services, Retail, Consumer packaged goods and Logistics, Life Sciences and Healthcare, and Growth Markets.

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