Large Outflow of Money Witnessed in Liberty Interactive Corporation

Liberty Interactive Corporation (QVCA) : Money flow in the Liberty Interactive Corporation (QVCA) stock was negative (3.86 million) on Friday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $5.22 million, compared to $9.08 million on downticks. The total uptick to downtick ratio was 0.58, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($3.54 million), indicating selling on the strength. The transaction value during uptick in block trades was $0.91 million. Downtick transaction value in block trades amounted to $4.45 million, indicating persistent selling. The uptick to downtick ratio was 0.2. Liberty Interactive Corporation (QVCA) traded $0.29 higher at $26.83 gaining 1.09% over the previous days close.


Liberty Interactive Corporation (QVCA) : 7 Wall Street analysts covering Liberty Interactive Corporation (QVCA) believe that the average level the stock could reach for the short term is $34.57. The maximum price target given is $38 and the minimum target for short term is around $31, hence the standard deviation is calculated at $2.76.

Liberty Interactive Corporation (NASDAQ:QVCA): stock turned positive on Friday. Though the stock opened at $26.7, the bulls momentum made the stock top out at $26.96 level for the day. The stock recorded a low of $26.47 and closed the trading day at $26.83, in the green by 1.09%. The total traded volume for the day was 1,726,175. The stock had closed at $26.54 in the previous days trading.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Liberty Interactive Corp, George Michael A had sold 150,000 shares worth of $3,936,000 in a transaction dated July 11, 2016. In this transaction, 150,000 shares were sold at $26.24 per share.

Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and on-line commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC, Inc. (QVC),, Inc. (Backcountry),, LLC (Bodybuilding), CommerceHub and Evite, Inc. (Evite) and its equity affiliates Expedia, Inc. (Expedia), HSN, Inc. (HSN), FTD Companies, Inc. (FTD), Interval Leisure Group, Inc. (Interval Leisure Group) and LendingTree, Inc. (LendingTree). QVC markets and sells a variety of consumer products through live televised shopping and via its Websites and other media, including Backcountry is an e-retailer for outdoor adventure, cycling, action sports and motorcycle gear and clothing. Bodybuilding is an Internet retailer of sports, fitness, and nutritional supplements.

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