Shares of Nuance Communications (NUAN) Sees Large Inflow of Net Money Flow

Nuance Communications (NUAN) stock had a bullish inflow of $1.82 million worth of trades on uptick and an outflow of $0.39 million in downticks on Monday. The total uptick to downtick ratio stood at 4.69. The net money flow into the stock was $1.43 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.31 million. $1.31 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Nuance Communications (NUAN) stock traded down $0.02 , and reached $16.25, a drop of -0.15% over the previous day. On a weekly basis, the stock is 2.5%, over the previous weeks close.


Nuance Communications, Inc. has dropped 14.81% during the last 3-month period . Year-to-Date the stock performance stands at -18.15%. In a related news, The Securities and Exchange Commission has divulged that Bowden Adam Bruce, officer (Executive VP Corporate Strateg) of Nuance Communications, Inc., had unloaded 6,000 shares at an average price of $15.59 in a transaction dated on July 1, 2016. The total value of the transaction was worth $93,540.

Nuance Communications (NASDAQ:NUAN): stock turned positive on Monday. Though the stock opened at $16.27, the bulls momentum made the stock top out at $16.31 level for the day. The stock recorded a low of $16.225 and closed the trading day at $16.28, in the green by 0.06%. The total traded volume for the day was 964,561. The stock had closed at $16.27 in the previous days trading.

Nuance Communications, Inc. is a provider of voice and language solutions for businesses and consumers across the world. The Companys solutions are used in healthcare, mobile, consumer, enterprise customer service, and imaging markets. The Company offers accuracy, natural language understanding capability, domain knowledge and implementation capabilities. The Companys solutions are based on the Companys voice and language platform and are used by businesses for tasks and services, such as requesting information from a phone-based self-service solution, dictating medical records, searching the mobile Web by voice, entering a destination into a navigation system, or working with portable document format (PDF) documents. The Company offers its solutions to its customers in a range of ways, including through products, hosting, professional services and maintenance and support. The Company operates in four segments: Healthcare, Mobile and Consumer, Enterprise, and Imaging.

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