Shares of Alibaba Group Holding Limited (NYSE:BABA) Sees Large Outflow of Money

Alibaba Group Holding Limited (NYSE:BABA) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($17.61 million) and the uptick to downtick ratio was 0.9. The transaction value on upticks was $151.2 million and on downticks, the transaction value was $168.81 million. In block trades, the transaction value of inflow done during uptick was $16.14 million. The transaction value of block trades during downticks was $37.43 million. The uptick to downtick block trade ratio was 0.43. The money flow was negative ($21.29 million), indicating the traders were booking profit on the price strength. Alibaba Group Holding Limited (NYSE:BABA) rose $1.76 at $78.04, during intraday Wednesday , a rise of 2.31% over the previous days close.


Institutional Investors own 25.88% of Alibaba Group Holding Limited shares.

The company shares have dropped -7.49% from its 1 Year high price. On Nov 5, 2015, the shares registered one year high at $86.42 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $78.10 and the 200 Day Moving Average price is recorded at $75.16. Alibaba Group Holding Limited (NYSE:BABA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $76.98 and $76.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $78.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $78.04, notching a gain of 2.31% for the day. The total traded volume was 11,459,983 . The stock had closed at $76.28 on the previous day.

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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