Large Inflow of Money Witnessed in Tesla Motors

Tesla Motors (NASDAQ:TSLA) dropped slightly amid mild profit booking and the last known price was $219.61 per share. The price decreased by -0.09 points or -0.04% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $10.57 million. The total upticks were valued at $157.26 million and the total downticks aggregated to $146.68 million, thereby putting the up/down ratio at 1.07,. The shares have seen a change in the share price of 1.92% on a weekly basis.In a big block trade which occurred today, the total uptick value was $15.81 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $15.81 million.


The stock has recorded a 20-day Moving Average of 0.69% and the 50-Day Moving Average is 3.72%. The company shares have dropped 17.92% in the past 52 Weeks. On July 20, 2015 The shares registered one year high of $286.65 and one year low was seen on February 9, 2016 at $141.05. The 50-day moving average is $218.49 and the 200 day moving average is recorded at $215.55. S&P 500 has rallied 1.93% during the last 52-weeks.

Tesla Motors (NASDAQ:TSLA): The stock opened at $220.68 on Tuesday but the bulls could not build on the opening and the stock topped out at $222.57 for the day. The stock traded down to $218.81 during the day, due to lack of any buying support eventually closed down at $219.61 with a loss of -0.04% for the day. The stock had closed at $219.70 on the previous day. The total traded volume was 4,529,005 shares.

Currently the company Insiders own 27.7% of Tesla Motors shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 0.55% . Institutional Investors own 66.6% of Tesla Motors shares. During last six month period, the net percent change held by insiders has seen a change of -7.54%. On the companys insider trading activities,The director of Tesla Motors Inc, Musk Kimbal sold 460 shares at $224.37 on June 13, 2016. The Insider selling transaction had a total value worth of $103,210. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Tesla Motors, Inc. is a United States-based company, which designs, develops, manufactures and sells electric vehicles, electric vehicle powertrain components and stationary energy storage systems. The Company sells and produces a vehicle under the name Model S, which is a fully electric, four-door, five-adult passenger sedan. In addition to developing its own vehicles, it develops, sells, and services full electric powertrain systems and components to other automobile manufacturers. It also produces and sells stationary energy storage products for use in homes, commercial sites and utilities. The applications for these battery systems include backup power, peak demand reduction, demand response and wholesale electric market services. It sells its vehicles through its own sales and service network. The Company also offers the Model X electric car, Supercharger charging stations and Powerwall, a home battery.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.