Shares of Netsuite Inc (N) Sees Large Inflow of Net Money Flow

Netsuite Inc (N) : On Monday, The money flowed into the Netsuite Inc (N) stock with an uptick to downtick ratio was recorded at 1.18. Transactions worth $11.33 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $9.59 million. The total money flow into the stock was $1.75 million. The block trades reveal a bullish bias with an up-down ratio of 1.56. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $3.1 million of block transactions on upticks. The value of block trades on downticks was $1.98 million, indicating lower selling interest. The total money flow in block trades was $1.12 million. In terms of price action, Netsuite Inc (N) traded down $0.01 during the session at $79.85. Compared to the previous days closing, the stock was down only by -0.01%. For the week, the stock is 6.87%, over previous weeks closing.


NetSuite Inc. is up 10.14% in the last 3-month period. Year-to-Date the stock performance stands at -6.13%. Shares of NetSuite Inc. rose by 4.72% in the last five trading days and 1.91% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of South Dakota Soybean Processors Llc, Skinner Ned had purchased shares worth of $66,600 in a transaction dated on July 1, 2016. A total of 18,500 shares were purchased at a price of $3.6 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Netsuite Inc (NYSE:N): On Mondays trading session , Opening price of the stock was $79.79 with an intraday high of $80.1. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $78.57. However, the stock managed to close at $79.43, a loss of 0.54% for the day. On the previous day, the stock had closed at $79.86. The total traded volume of the day was 870,272 shares.

NetSuite Inc. (NetSuite) is a provider of cloud-based financials, enterprise resource planning (ERP) and omnichannel commerce software suites. The Companys offerings include NetSuite, NetSuite OneWorld, NetSuite CRM+, NetSuite OpenAir PSA, SuiteCommerce, NetSuite POS, TribeHR, LightCMS, Add-On Modules, NetSuite Industry Editions and SuiteCloud Platform. Its main offering is NetSuite, which provides core business management capabilities. NetSuite, OneWorld and NetSuite CRM+ are designed for use by most types of businesses. NetSuite OpenAir (OpenAir) PSA is for professional services businesses. SuiteCommerce enables businesses to move from standalone transactional channels to an integrated commerce solution. NetSuite POS is a point-of-sale solution. TribeHR is a HCM solution. LightCMS is a Web-based software platform. SuiteCloud is the Companys technology platform. It delivers its applications over the Internet as a subscription service using the software-as-a-service (SaaS) model.

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