Shares of Symantec Corporation (SYMC) Sees Large Inflow of Net Money Flow

Symantec Corporation (SYMC) : Investors lapped up stocks on upticks to the tune of $17.91 million in the Mondays trading session. The trading value on downticks was comparatively at $11.79 million and the uptick to downtick ratio of 1.52 indicates continuous buying by the bulls. The net money flow into the stock was $6.12 million. The block trades were dominated by the bulls with a healthy 25.28, uptick to downtick ratio. Only $0.29 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $7.35 clearly indicating buying by large investors. The total money flow for block trades stood at $7.06 million, which is a positive for the stock in the long-term. Symantec Corporation (SYMC) fell $0.14 during the day at $20.8, a drop of -0.67% over the previous days close. However, for the week, the stock is 0.48%, compared to the previous week.


Symantec Corporation is up 15.35% in the last 3-month period. Year-to-Date the stock performance stands at 24.5%. In a related news, Vautrinot Suzanne M, director of Symantec Corp, unloaded 3,750 shares at an average price of $20.39 on July 5, 2016. The total amount of the transaction was worth $76,463, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Symantec Corporation (NASDAQ:SYMC): On Mondays trading session , Opening price of the stock was $21.07 with an intraday high of $21.2. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $20.77. However, the stock managed to close at $20.8, a loss of 0.67% for the day. On the previous day, the stock had closed at $20.94. The total traded volume of the day was 6,581,463 shares.

Symantec Corporation provides security, backup and availability solutions. The Company operates in three segments: Consumer Security, Enterprise Security, and Information Management. The Companys products and services offer protection of information in any environment from the mobile device, to the enterprise data center, to cloud-based systems. Consumers receive automatic downloads of the latest virus definitions, application bug fixes and patches for its consumer product. The Companys enterprise security support program offers annual maintenance support contracts, including content, upgrades and technical support. The Companys Consumer Security segment offers Norton-branded services, which provide multi-layer security and identity protection on desktop and mobile operating systems, to defend against online threats to individuals, families and small businesses.

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