Large Outflow of Money Witnessed in NetEase

NetEase (NTES) : Tuesdays money flow analysis of NetEase (NTES) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $93.37 million. In comparison, the inflow of money on upticks was a meager $85.26 million. The dollar value of composite uptick trades minus the downtick trades was negative $8.11 million. The uptick to downtick ratio of 0.91 in the money flow shows weakness. The uptick block trades were valued at $4.75 million. The downtick transaction value was high at $9.94 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.48. Hence, the net money flow in the stock was negative ($5.19 million). NetEase (NTES) gained $0.71 at $197.33, a change of 0.36% over the previous days close.


The company Insiders own 54.7% of NetEase shares according to the proxy statements. Institutional Investors own 57.01% of NetEase shares.

Shares of NetEase, Inc. rose by 5.61% in the last five trading days and 21.82% for the last 4 weeks. NetEase, Inc. is up 44.47% in the last 3-month period. Year-to-Date the stock performance stands at 9.87%.

NetEase (NASDAQ:NTES): stock turned positive on Tuesday. Though the stock opened at $199.62, the bulls momentum made the stock top out at $202.7 level for the day. The stock recorded a low of $195.36 and closed the trading day at $197.33, in the green by 0.36%. The total traded volume for the day was 1,753,258. The stock had closed at $196.62 in the previous days trading.

NetEase, Inc. (NetEase) is a holding company. The Company, through its subsidiaries and contracts with its affiliates Guangzhou NetEase Computer System Co., Ltd., Beijing Guangyitong Advertising Co., Ltd., Shanghai EaseNet Network Technology Co., Ltd., and certain other affiliated companies, operates an interactive online community in China and is a provider of Chinese language content and services through its online games, Internet portal, e-mail, e-commerce and other businesses. The Company operates in three segments: Online Game Services, Advertising Services, and E-mail, E-commerce and Others. The Company conducts its business mainly in China.

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