Shares of Seagate Technology. (STX) Sees Large Inflow of Net Money Flow

Seagate Technology. (STX) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.09. The total value of inflow transactions on upticks was $23.62 million, whereas, the total value of outflow trades on downticks was $21.62 million. The total money flow was $2.01 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.22 million. The total value of the trades done on upticks was $2.76 million. Downticks saw transactions worth $1.54 million. The total uptick to downtick ratio stood at 1.79, mildly in favor of the bulls. Seagate Technology. (STX) was trading with a -0.1% change over previous days close. It fell $0.04 during the day and reached $38.38. The stock was 5.27% compared to the previous weeks close.


Shares of Seagate Technology plc rose by 4.14% in the last five trading days and 15.28% for the last 4 weeks. Seagate Technology plc is up 62.35% in the last 3-month period. Year-to-Date the stock performance stands at 11.7%.

Seagate Technology. (STX) : Zacks Investment Research ranks Seagate Technology. (STX) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 2 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 14 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 21 research analysts is 2.86, which indicates as a Hold.

Seagate Technology. (NASDAQ:STX): stock was range-bound between the intraday low of $37.645 and the intraday high of $39.04 after having opened at $38.71 on Wednesdays session. The stock finally closed in the red at $38.71, a loss of -0.55%. The stock remained in the red for the whole trading day. The total traded volume was 4,971,532 shares. The stock failed to cross $39.04 in Wednesdays trading. The stocks closing price on Thursday was $38.42.

Seagate Technology plc (Seagate) is a provider of electronic data storage products. The Companys products are hard disk drives (HDD). The Company produces a range of electronic data storage products, including solid state hybrid drives (SSHD), solid state drives (SSD), peripheral component interconnect express (PCIe) cards and Serial AT Attachment (SATA) controllers. The Companys products are designed for enterprise servers and storage systems for applications, client compute applications and client non-compute applications. The Companys product and solution portfolio for the enterprise data storage industry includes storage enclosures, integrated application platforms and high performance computing (HPC) data storage solutions. Its data storage services provide online backup, data protection and recovery solutions for small to medium-sized businesses. Its products include Enterprise Performance HDDs, Mobile HDDs and SSHDs, NAS HDDs, and Surveillance HDDs, among others.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.