500.com Limited (WBAI) : Investors lapped up stocks on upticks to the tune of $0.11 million in the Tuesdays trading session. The trading value on downticks was comparatively at $0.01 million and the uptick to downtick ratio of 19.92 indicates continuous buying by the bulls. The net money flow into the stock was $0.1 million. Upticks saw transactions worth $0.1 clearly indicating buying by large investors. The total money flow for block trades stood at $0.1 million, which is a positive for the stock in the long-term. 500.com Limited (WBAI) fell $0.05 during the day at $17.9, a drop of -0.28% over the previous days close. However, for the week, the stock is 2.34%, compared to the previous week.
Institutional Investors own 20.75% of 500.com Limited shares.
Shares of 500.com Limited rose by 5.78% in the last five trading days and 8.7% for the last 4 weeks. 500.com Limited is up 4.97% in the last 3-month period. Year-to-Date the stock performance stands at -11.69%.
500.com Limited (NYSE:WBAI): On Tuesdays trading session , Opening price of the stock was $18.16 with an intraday high of $18.263. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $17.555. However, the stock managed to close at $17.75, a loss of 1.11% for the day. On the previous day, the stock had closed at $17.95. The total traded volume of the day was 131,423 shares.
500.com Limited is an online sports lottery service provider in the Peoples Republic of China. The Company acts as an aggregator and processor of lottery purchase orders from its registered user accounts and derive substantially all of its revenues from service fees paid to it by provincial sports lottery administration centers for the purchase orders of sports lottery products that it direct to such centers. The Company offers an integrated suite of online lottery services, information, user tools and virtual community venues to its users. The Company provides its registered users with a range of lottery sales services that include Individual Lottery Purchase, Lottery Pool Purchase, Automatic Tag-along Purchase, Recurring Purchase and Locked-in Lottery Number Purchase.