SouFun Holdings Limited (NYSE:SFUN) : Investors lapped up stocks on upticks to the tune of $4.92 million in the Wednesdays trading session. The trading value on downticks was comparatively at $2.99 million and the uptick to downtick ratio of 1.64 indicates continuous buying by the bulls. The net money flow into the stock was $1.93 million. The block trades were dominated by the bulls with a healthy 2.53, uptick to downtick ratio. Only $1.23 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $3.12 clearly indicating buying by large investors. The total money flow for block trades stood at $1.88 million, which is a positive for the stock in the long-term. SouFun Holdings Limited (NYSE:SFUN) fell $0.03 during the day at $4.99, a drop of -0.6% over the previous days close. However, for the week, the stock is -2.35%, compared to the previous week.
Institutional Investors own 50.19% of SouFun Holdings Limited shares.
The company shares have dropped -40.38% from its 1 Year high price. On Jul 2, 2015, the shares registered one year high at $8.50 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $5.31 and the 200 Day Moving Average price is recorded at $5.76. SouFun Holdings Limited (NYSE:SFUN): The stock opened at $5.09 on Wednesday but the bulls could not build on the opening and the stock topped out at $5.10 for the day. The stock traded down to $4.98 during the day, due to lack of any buying support eventually closed down at $4.99 with a loss of -0.60% for the day. The stock had closed at $5.02 on the previous day. The total traded volume was 4,810,067 shares.
SouFun Holdings Limited operates as a real estate Internet portal in China. The Company also operates home furnishing and improvement Websites. Its Websites and mobile applications support online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China. The Companys www.fang.com Website contains contents covering more than 350 cities across China, as well as Hong Kong, Taiwan, Singapore and Vancouver, Canada. This Website also contains links to other specialized real estate and home furnishing and improvement Websites, including its www.jiatx.com Website, its e-commerce transaction and payment platform, and its.txdai.com Website, its financing platform. The Companys service offerings include marketing services, e-commerce services, listing services and other value-added services.