Large Outflow of Money Witnessed in Alibaba Group Holding Limited

Alibaba Group Holding Limited (BABA) : Money flow in the Alibaba Group Holding Limited (BABA) stock was negative (12.51 million) on Friday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $97.6 million, compared to $110.1 million on downticks. The total uptick to downtick ratio was 0.89, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($6.02 million), indicating selling on the strength. The transaction value during uptick in block trades was $23.84 million. Downtick transaction value in block trades amounted to $29.86 million, indicating persistent selling. The uptick to downtick ratio was 0.8. Alibaba Group Holding Limited (BABA) traded $0.31 higher at $84.49 gaining 0.37% over the previous days close.


Alibaba Group Holding Limited (BABA) : The consensus price target for Alibaba Group Holding Limited (BABA) is $96.16 for the short term with a standard deviation of $11.21. The most optimist securities analyst among the 23 who monitor the stock believes that the stock can reach $131, however, the pessimist price target for the company is $80.

Alibaba Group Holding Limited (NYSE:BABA): stock turned positive on Friday. Though the stock opened at $84, the bulls momentum made the stock top out at $84.5 level for the day. The stock recorded a low of $83.81 and closed the trading day at $84.49, in the green by 0.37%. The total traded volume for the day was 5,988,370. The stock had closed at $84.18 in the previous days trading.

Alibaba Group Holding Limited is a holding company. The Company is principally engaged in online and mobile commerce through products, services and technology. The Company provides retail and wholesale marketplaces available through both personal computer and mobile interfaces in the PRC and internationally. Retail marketplaces and services operated by the Company include the China online shopping destination (Taobao Marketplace); the China brands and retail platform (Tmall); the China group buying site that offers products by aggregating demand from consumers through limited time discounted sales (Juhuasuan), and the global consumer marketplace targeting consumers around the world (AliExpress). Wholesale marketplaces operated by the Company include the online China wholesale marketplace ( and the online business-to-business marketplace that focuses on global trade among businesses from around the world (

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