Shares of Yandex N.V. (NASDAQ:YNDX) Sees Large Outflow of Money

Yandex N.V. (NASDAQ:YNDX) : The value of composite uptick trades was $5.87 million, whereas, the value of composite downtick trades was $17.05 million. The uptick to downtick ratio stood at 0.34 with a negative money flow of ($11.17) Million during Wednesdays trading session. The block trades money flow was negative ($11.66 million).The uptick to the downtick ratio of 0.03 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $0.35 million. The transaction of the trades on downticks amounted to $12.02 million, which confirms investors selling on the strength of price. Yandex N.V. (NASDAQ:YNDX) gained 54 cents at $21.47, an increase of 2.58% over the previous days close.


Institutional Investors own 59.74% of Yandex N.V. shares.

The company shares have rallied 39.25% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $23.20 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $20.66 and the 200 Day Moving Average price is recorded at $16.45. Yandex N.V. (NASDAQ:YNDX): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.17 and $20.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.47, notching a gain of 2.58% for the day. The total traded volume was 3,303,824 . The stock had closed at $20.93 on the previous day.

Yandex N.V. is an Internet and technology company. The Company operates as a search engine in Russia and also serves Turkey, Ukraine, Belarus and Kazakhstan. The Companys Russian businesses are organized in five operating segments: Russian Search and Portal, which includes all services offered in Russia, Belarus and Kazakhstan; Russian E-commerce, which includes the Yandex.Market service; Media Services, which includes Yandex.Music,, Yandex.TV program and Yandex.Kinoafisha; Taxi, which includes the Yandex.Taxi service, and Classified Aggregators, which include Yandex.Auto,, Yandex.Realty and Yandex.Job. Additionally, its international operations are organized in three operating segments: Turkish Search and Portal; Ukrainian Search and Portal, and Data Factory (including the Yandex.Data Factory service). It offers a range of specialized search, personalized and location-based services, including Yandex.News, Yandex.Market, Yandex.Mail, Yandex.Maps and Yandex.Auto.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.