Overstock.com (NASDAQ:OSTK) : $0.05 million worth of transactions were on upticks in Overstock.com (NASDAQ:OSTK), compared to $0.01 million on downticks. The ratio between the two was 5.67, whereas, the net money flow stood at a healthy $0.04 million on Wednesdays session. The consistent buying on upticks in the stock accounted for $0.01million worth of trades. The total money flow into the stock stood at $0.01 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -1.55%. The stock was trading at $15.35, with a drop of $0.24 over the previous days close. The stock recorded -5.14% for the week.
In an insider trading activity, Mitchell Samuel Appleton, director of Overstock.Com, Inc, unloaded 2,801 shares at an average price of $17.19 on June 13, 2016. The total amount of the transaction was worth $48,149, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 27.4% of Overstock.com shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.23% . Institutional Investors own 41.72% of Overstock.com shares. During last six month period, the net percent change held by insiders has seen a change of 15.17%.
The company shares have dropped -31.02% from its 1 Year high price. On Aug 7, 2015, the shares registered one year high at $24.00 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $16.50 and the 200 Day Moving Average price is recorded at $14.24. Overstock.com (NASDAQ:OSTK): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.64 and $15.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.09. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.90, notching a gain of 1.99% for the day. The total traded volume was 89,652 . The stock had closed at $15.59 on the previous day.
Overstock.com, Inc. (Overstock) is an online retailer offering discount brand name, non-brand name and closeout merchandise, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, electronics and computers, and sporting goods, among other products. The Company also sells books, magazines, compact discs (CDs), digital versatile discs (DVDs) and video games (BMMG). The Company has organized its shopping business in two segments: direct business and partner business. The Company offers approximately 683,000 non-BMMG products and approximately 696,000 BMMG products. Overstocks direct business includes sales made to individual consumers and businesses. The Companys partner business segment sells merchandise of other retailers, cataloguers or manufacturers through its Website. Overstock sells these products through its Internet Websites located at www.overstock.com, www.o.co and www.o.biz.