Shares of iKang Healthcare Group (NASDAQ:KANG) Sees Large Inflow of Net Money Flow

iKang Healthcare Group (NASDAQ:KANG) dropped slightly amid mild profit booking and the last known price was $19.53 per share. The price decreased by -0.19 points or -0.96% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $2.03 million. The total upticks were valued at $2.43 million and the total downticks aggregated to $0.41 million, thereby putting the up/down ratio at 5.99,. The shares have seen a change in the share price of -3.51% on a weekly basis.In a big block trade which occurred today, the total uptick value was $1.96 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 $1.96 million.


Institutional Investors own 26.22% of iKang Healthcare Group shares.

iKang Healthcare Group (NASDAQ:KANG) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.44 points or 2.23% at $19.28 with 352,650 shares getting traded. Post opening the session at $19.82, the shares hit an intraday low of $19.22 and an intraday high of $19.82 and the price was in this range throughout the day. The company has a market cap of $1,325 million and the number of outstanding shares have been calculated to be 68,723,078 shares. The 52-week high of iKang Healthcare Group (NASDAQ:KANG) is $22.58 and the 52-week low is $10.2.

iKang Healthcare Group, Inc. provides preventive healthcare solutions. The Companys solutions include a range of medical examinations services, including disease screening, dental services and other services in China. The Company operates through two segments: medical examinations and other medical services, and dental services. Through its integrated service platform, the Company offers healthcare management solutions, including medical examinations, which normally cover basic examination items, such as internal, gynecology, ophthalmology, Ear, nose, throat, dental, lab tests, electrocardiogram, ultrasound and X-ray. It offers services at selected medical centers, including outpatient services, on-site healthcare management or clinics. It also provides health consultation and medical concierge services. It also provides its customers with consultation and medical referrals for additional diagnosis or treatment. Its network consisted of approximately 58 self-owned medical centers.

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