Autohome (NYSE:ATHM) : On Wednesday, The money flowed into the Autohome (NYSE:ATHM) stock with an uptick to downtick ratio was recorded at 2.71. Transactions worth $15 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $5.53 million. The total money flow into the stock was $9.46 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $10.14 million of block transactions on upticks. The total money flow in block trades was $10.14 million. In terms of price action, Autohome (NYSE:ATHM) traded down $0.42 during the session at $20.53. Compared to the previous days closing, the stock was down only by -2%. For the week, the stock is -10.78%, over previous weeks closing.
Institutional Investors own 27.99% of Autohome shares.
The company shares have dropped -57.50% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $50.50 and the one year low was seen on Jun 28, 2016. The 50-Day Moving Average price is $25.04 and the 200 Day Moving Average price is recorded at $27.46. Autohome (NYSE:ATHM): The stock opened at $21.27 on Wednesday but the bulls could not build on the opening and the stock topped out at $21.68 for the day. The stock traded down to $20.21 during the day, due to lack of any buying support eventually closed down at $20.53 with a loss of -2.00% for the day. The stock had closed at $20.95 on the previous day. The total traded volume was 1,903,107 shares.
Autohome Inc., is an online destination for automobile consumers in China. The Company provides online advertising and dealer subscription services through its Websites and mobile applications. These services are offered to automakers and dealers, and advertising agencies. Its Websites include autohome.com.cn and che168.com. Its logo (Autohome) brand is the searched automotive-related keyword on Baidu.com, the Chinese language Internet search engine. The content it provides to its users includes professionally produced content serves consumers throughout the automobile ownership life cycle; user generated content is the online community of automotive consumers in China; automobile library is the online automobile library in China with vehicle model configurations and photos, and automobile listing information features up-to-date listings of both new and used automobiles on its Websites. The Company provides its advertisers with a range of advertising solutions and tools.