Shares of Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) Sees Large Outflow of Money

Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) surged 0.53% during the last session. The last traded price was up 0.39 points at $73.27. The data for the fund flow suggests that the net intraday money flow was $(-0.73) million. The fund value in upticks was recorded to be $2.5 million and in downticks, it was found to be $3.23 million. The up/down ratio for the day was measured to be 0.77. For the week, the shares have seen a percentage change of 0.99%.


The stock has recorded a 20-day Moving Average of 0.22% and the 50-Day Moving Average is 0.23%. The company shares have rallied 3.68% in the past 52 Weeks. On April 26, 2016 The shares registered one year high of $76.1 and one year low was seen on September 14, 2015 at $41.64. The 50-day moving average is $72.87 and the 200 day moving average is recorded at $72.92. S&P 500 has rallied 1.93% during the last 52-weeks.

Qihoo 360 Technology Co. Ltd. (NYSE:QIHU): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.06 and $73.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $73.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $73.53, notching a gain of 0.89% for the day. The total traded volume was 823,121 . The stock had closed at $72.88 on the previous day.

Institutional Investors own 27.23% of Qihoo 360 Technology Co. Ltd. shares.

Qihoo 360 Technology Co. Ltd. is an Internet company. The Company is primarily engaged in the operations of Internet services in the Peoples Republic of China. The Companys core Internet and mobile security products include 360 Safe Guard, 360 Anti-virus and 360 Mobile Safe. The Company has developed various platform products to meet a range of security-related needs of Internet users and create access points to the Internet, which include 360 browsers; 360 Personal Start-up Page and its subpages; 360 Search, and 360 Mobile Assistant. The Companys services include online advertising, which include online advertising service solutions, such as sponsored links (advertising links), on its platform products; Internet value-added services, which include games developed by third parties to users, and Other services, which include enterprise information security products and related services, such as firewalls, gateways and Internet security monitoring systems to enterprise customers.

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