Shares of Google (NASDAQ:GOOGL) Sees Large Outflow of Money

Google (NASDAQ:GOOGL) traded on a positive note gaining 2.75 points or 0.39% to be valued at $708.88 per share. Intraday, the shares aggregated $247.26 million in upticks but saw an exodus of $281.32 million in downticks. The net money flow was calculated to be $(-34.06) million with the final up/down ratio coming in at 0.88. The share price has seen a change of 0.66% in value during the week. Block trade of up/down ratio of 0.27 was also registered with $14.91 million in upticks and $55.13 million in downticks. The net money flow for the block exchange was disappointing at $(-40.21) Million.


The stock has recorded a 20-day Moving Average of 3.3% and the 50-Day Moving Average is 3.7%. The company shares have rallied 25.34% in the past 52 Weeks. On February 2, 2016 The shares registered one year high of $810.35 and one year low was seen on June 30, 2015 at $539.54. The 50-day moving average is $728.5 and the 200 day moving average is recorded at $742.15. S&P 500 has rallied 1.93% during the last 52-weeks.

Google (NASDAQ:GOOGL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $710.05 and $704.66 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $715.38. The buying momentum continued till the end and the stock did not give up its gains. It closed at $708.88, notching a gain of 0.39% for the day. The total traded volume was 1,515,918 . The stock had closed at $706.13 on the previous day.

Currently the company Insiders own 14.84% of Google shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.91% . Institutional Investors own 35.13% of Google shares. During last six month period, the net percent change held by insiders has seen a change of -49.75%.

Alphabet Inc (Alphabet) is a collection of Companies. The Companys collection include Calico, Googles health and longevity effort; Nest its connected home business; Fiber, its gigabit internet arm; and its investment divisions such as Google Ventures and Google Capital, and incubator projects, such as Google X. These will be managed separately in Alphabet. On October 2, 2015, Google implemented a holding company reorganization pursuant to the Agreement and Plan of Merger (the Merger Agreement), dated as of October 2, 2015, among Google, Alphabet and Maple Technologies Inc., a Delaware corporation (Merger Sub), which resulted in Alphabet owning all of the outstanding capital stock of Google. Pursuant to the Alphabet Merger, Merger Sub, a direct, wholly owned subsidiary of Alphabet and an indirect, wholly owned subsidiary of Google, merged with and into Google, with Google surviving as a direct, wholly owned subsidiary of Alphabet.

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