Yahoo! (YHOO) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (1.65 million) in Yahoo! (YHOO). On Friday, The value of composite uptick trades was $23.05 million, whereas, the value of composite downtick trades was $24.7 million and the ratio between the two was 0.93, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $10.38 million. $7.22 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.7. The negative money flow of ($3.16 million) shows selling on strength. Yahoo! (YHOO) gained $0.21 intraday at $39.06 and registrered 0.54% for the week.
Yahoo! (YHOO) : 26 investment research analysts covering Yahoo! (YHOO) have an average price target of $42.17 for the near short term. The highest target price given by the Brokerage Firm to the stock is $50 and the lowest target is $32 for the short term. Analysts expect the variance to be within $4.52 of the average price.
Yahoo! (NASDAQ:YHOO): stock turned positive on Friday. Though the stock opened at $38.9, the bulls momentum made the stock top out at $39.42 level for the day. The stock recorded a low of $38.78 and closed the trading day at $39.38, in the green by 1.36%. The total traded volume for the day was 11,325,660. The stock had closed at $38.85 in the previous days trading.
In a related news, The Securities and Exchange Commission has divulged that Utzschneider Lisa, officer (Chief Revenue Officer) of Yahoo Inc, had unloaded 339 shares at an average price of $38 in a transaction dated on July 12, 2016. The total value of the transaction was worth $12,882.
Yahoo! Inc. is a technology company. The Company is engaged in providing Internet search, communication and digital content. The Company manages its business geographically: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific. The Companys products include Search, Communications, Digital content, Flickr, and Tumblr. Yahoo Search is a search engine serves as a starting point to navigate the Internet and discover information, which is ranked and organized -based on their relevance to the query. Yahoo Mail connects users across mobile phones, tablets and PC. Yahoo.com offers news and information, including Yahoo original content and partner content. Flickr is a Web and mobile photo management and sharing service. Tumblr offers a Web platform and mobile applications (particularly on the iOS and Android platforms) that allow users to create, share and curate content. Yahoo is also a digital publisher and advertising technology provider.