Shares of eBay (NASDAQ:EBAY) Sees Large Outflow of Money

eBay (NASDAQ:EBAY) traded on a positive note gaining 0.15 points or 0.61% to be valued at $24.72 per share. Intraday, the shares aggregated $17.3 million in upticks but saw an exodus of $20.87 million in downticks. The net money flow was calculated to be $(-3.57) million with the final up/down ratio coming in at 0.83. The share price has seen a change of 3.91% in value during the week. Block trade of up/down ratio of 0.63 was also registered with $2.3 million in upticks and $3.64 million in downticks. The net money flow for the block exchange was disappointing at $(-1.34) Million.


The stock has recorded a 20-day Moving Average of 2.57% and the 50-Day Moving Average is 2.17%. The company shares have dropped 5.73% in the past 52 Weeks. On December 1, 2015 The shares registered one year high of $29.83 and one year low was seen on February 8, 2016 at $21.52. The 50-day moving average is $23.95 and the 200 day moving average is recorded at $24.8. S&P 500 has rallied 1.93% during the last 52-weeks.

eBay (NASDAQ:EBAY): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.54 and $24.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.70, notching a gain of 0.53% for the day. The total traded volume was 7,863,146 . The stock had closed at $24.57 on the previous day.

Currently the company Insiders own 7.4% of eBay shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -40.63% . Institutional Investors own 82.29% of eBay shares. During last six month period, the net percent change held by insiders has seen a change of -16.38%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Pittman Raymond J, officer (SVP, Chief Product Officer) of Ebay Inc, had unloaded 25,000 shares at an average price of $24.24 in a transaction dated on May 27, 2016. The total value of the transaction was worth $606,000.

eBay Inc.(eBay) is a global technology company. The Company has created an open source platform that provides software developers and merchants access to its applications programming interfaces (APIs) to develop software and solutions for commerce. The Companys segments include Marketplaces and Payments. The Companys Marketplaces segment includes its platform and its localized counterparts, as well as other online platforms, such as its online classifieds sites and StubHub. The Companys Payments segment consists of its PayPal business. Its classifieds Websites include alaMaula, BilBasen,, eBay Classifieds (eBay Classifieds, eBay Kleinanzeigen and eBay Annunci), Gumtree, Kijiji, iBazar,,, LoQUo, and It also offers trust and safety programs, including PayPals Seller Protection and Purchase Protection Programs, through its PayPal. It offers mobile applications for iPhone, iPad, Android and Windows mobile devices.

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