Shares of Alibaba Group Holding Limited (NYSE:BABA) Sees Large Inflow of Net Money Flow

Alibaba Group Holding Limited (NYSE:BABA) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $75.92 with a loss of -1.64 points or -2.11%. The net money flow was $41.53 million and the up/down ratio was 1.35. Approximately $161.17 million was the inflow in upticks and $119.64 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of -0.91%.The shares witnessed a block transaction with a net money flow of $44.02 million. The total money in uptick was $50.82 million and in downtick was $6.8 million with the up/down ratio reaching 7.47.


Institutional Investors own 25.49% of Alibaba Group Holding Limited shares.

Alibaba Group Holding Limited (NYSE:BABA) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.47 points or 0.62% at $75.45 with 11,300,757 shares getting traded. Post opening the session at $75.25, the shares hit an intraday low of $74.85 and an intraday high of $76.455 and the price was in this range throughout the day. The company has a market cap of $186,658 million and the number of outstanding shares have been calculated to be 2,473,927,900 shares. The 52-week high of Alibaba Group Holding Limited (NYSE:BABA) is $87.8 and the 52-week low is $57.2.

Many analysts have stated their opinion on the company shares. Credit Suisse maintains their rating on the shares of Alibaba Group Holding Limited (NYSE:BABA). The current rating of the shares is Outperform. Equity Analysts at the Firm raises the price target to $100 per share from $96 per share. The rating by the firm was issued on May 6, 2016.

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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