Shares of Insulet Corporation (PODD) Sees Large Inflow of Net Money Flow

Insulet Corporation (PODD) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.34. The total value of inflow transactions on upticks was $8.57 million, whereas, the total value of outflow trades on downticks was $6.38 million. The total money flow was $2.19 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $2.36 million. The total value of the trades done on upticks was $3.04 million. Downticks saw transactions worth $0.68 million. The total uptick to downtick ratio stood at 4.49, mildly in favor of the bulls. Insulet Corporation (PODD) was trading with a -2.56% change over previous days close. It fell $1.12 during the day and reached $42.65. The stock was -2.91% compared to the previous weeks close.

Insulet

Insulet Corporation has dropped 4.59% in the last five trading days, however, the shares have posted positive gains of 0.42% in the last 4 weeks. Insulet Corporation is up 44.13% in the last 3-month period. Year-to-Date the stock performance stands at 13.25%.

Insulet Corporation (PODD) : The consensus on Insulet Corporation (PODD) based on 15 analyst recommendation on the company stock is 1.87, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Insulet Corporation (NASDAQ:PODD): stock was range-bound between the intraday low of $42.08 and the intraday high of $43.85 after having opened at $43.69 on Wednesdays session. The stock finally closed in the red at $43.69, a loss of -2.17%. The stock remained in the red for the whole trading day. The total traded volume was 976,669 shares. The stock failed to cross $43.85 in Wednesdays trading. The stocks closing price on Thursday was $43.77.

Insulet Corporation is a medical device company engaged in the development, manufacturing and sale of the OmniPod Insulin Management System (the OmniPod System), an insulin infusion system for people with insulin-dependent diabetes. The Companys principal offices are located in Billerica, Massachusetts. Features of the OmniPod System include two-part design, no tubing, and automated cannula insertion. The OmniPod System consists of two devices that communicate wirelessly: the OmniPod, a small, lightweight, disposable insulin infusion device worn beneath clothing; and the PDM, a handheld device much like a personal digital assistant that wirelessly programs the OmniPod with insulin delivery instructions. The OmniPod will operate up to 72 hours (but no more than 80 hours) after it is first activated. The OmniPod System does not have external tubing and features an automated, hands-free cannula insertion system.

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